Habib Rice launches wholly owned subsidiary in Sharjah free zone

MG News | September 11, 2024 at 03:07 PM GMT+05:00

0:00

September 11, 2024 (MLN): Habib Rice Products Ltd (PSX: HRPL) has incorporated a 100% wholly owned subsidiary company, named Habib Rice Products (FZE) in the Sharjah Airport International Free Zone (SAIF - Zone).

The company further shared that it has obtained the license of Habib Rice Products.

Moreover, the new subsidiary is expected to support HRPL's efforts to expand its export business.

HRPL communicated this development to market participants through a notice issued to the PSX today.

Copyright Mettis Link News

Related News

Weekly Market Roundup

SCRA inflows offset Rs8.5bn net selling

SSGC posts Rs7bn profit in H1 FY24

Name	Price/Vol	%Chg/NChg
KSE100	148,617.78 624.60M	0.86% 1274.27
ALLSHR	91,685.08 1,340.28M	0.74% 669.39
KSE30	45,247.79 197.43M	0.83% 370.74
KMI30	212,370.79 224.51M	1.05% 2209.48
KMIALLSHR	61,227.89 711.87M	1.18% 715.56
BKTi	41,264.02 160.39M	0.54% 221.73
OGTi	30,019.10 23.63M	0.64% 190.41

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,265.00	0.00 0.00	-510.00 -0.47%
BRENT CRUDE	67.46	67.94 67.29	-0.52 -0.76%
RICHARDS BAY COAL MONTHLY	88.70	88.70 88.70	-0.75 -0.84%
ROTTERDAM COAL MONTHLY	96.15	96.75 96.00	-0.40 -0.41%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	64.01	0.00 0.00	0.00 0.00%
SUGAR #11 WORLD	16.34	16.52 16.33	-0.14 -0.85%