Habib Rice launches wholly owned subsidiary in Sharjah free zone

By 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

VIS upgrades entity ratings of Faysal Bank Ltd

PSX Opening Bell: Green and Growing

MG Morning Breeze: Updates to Skim before Market

Name	Price/Vol	%Chg/NChg
KSE100	127,497.37 123.09M	1.49% 1870.05
ALLSHR	79,350.28 381.86M	0.97% 765.56
KSE30	38,818.26 35.31M	1.74% 664.47
KMI30	187,006.97 47.36M	1.15% 2120.47
KMIALLSHR	54,127.22 203.82M	0.68% 363.41
BKTi	32,536.32 27.80M	1.93% 614.64
OGTi	27,814.94 1.64M	0.15% 40.96

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,230.00	108,105.00 107,145.00	-1005.00 -0.93%
BRENT CRUDE	66.42	66.63 66.34	-0.32 -0.48%
RICHARDS BAY COAL MONTHLY	97.00	97.00 97.00	1.05 1.09%
ROTTERDAM COAL MONTHLY	107.65	107.65 105.85	1.25 1.17%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	64.79	65.02 64.67	-0.32 -0.49%
SUGAR #11 WORLD	16.19	16.74 16.14	-0.52 -3.11%