Hallmark to finance Supernet acquisition with rights issue

15:45
April 30, 2024

April 30, 2024 (MLN): The Board of Directors of Hallmark Company Limited (PSX: HCL) has resolved to carry out a right issue of ordinary shares, aiming to raise funds for acquiring Telecard Limited's (PSX: TELE) entire shareholding in Supernet Limited (PSX: GEMSPNL).

The company disseminated this information through a notice issued to the local bourse today

This acquisition involves around 100 million shares (81.18% of Supernet's capital).

The right issue will be valued at up to Rs400m, with shares expected to be issued at a face value of Rs10, pending legal compliance.

Telecard signs SPA with Hallmark for sale of its Supernet shares

The Board further resolved that it shall approve and announce the actual right issue (if the company proceeds with its intention to issue right shares) at a future date.

Copyright Mettis Link News

Posted on: 2024-04-30T15:39:04+05:00

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PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.45000	278.65000	278.65000	278.45000	01:13 PM
2	EUR	1.08709	1.08714	1.08714	1.08709	12:07 PM
3	GBP	1.27046	1.27055	1.27055	1.27046	12:07 PM
4	CHF	0.90750	0.90790	0.90790	0.90750	12:07 PM
5	JPY	155.53000	155.53700	155.53700	155.53000	12:07 PM
6	CAD	1.36107	1.36120	1.36116	1.36110	12:07 PM
7	AUD	0.66852	0.66856	0.66856	0.66852	12:07 PM
8	INR	83.28980	83.29640	83.29640	83.28980	12:07 PM
9	SAR	3.75030	3.75050	3.75050	3.75030	09:07 PM
10	AED	3.67290	3.67310	3.67310	3.67290	09:07 PM
11	HKD	7.80193	7.80233	7.80233	7.80193	12:07 PM
12	CNH	7.23118	7.23134	7.23134	7.23118	12:07 PM
13	CNY	7.22330	7.22480	7.22480	7.22330	08:37 PM
14	THB	36.08600	36.14400	36.14400	36.08600	12:07 PM
15	MYR	4.68500	4.69000	4.69000	4.68500	04:41 AM
16	IDR	15,943.00000	15,958.90000	15,958.90000	15,943.00000	12:07 PM
17	SGD	1.34508	1.34518	1.34518	1.34508	12:07 PM
18	NZD	0.61302	0.61307	0.61307	0.61302	12:07 PM
19	MXN	16.60320	16.63320	16.62109	16.61609	12:07 PM
20	TRY	32.20200	32.21200	32.21200	32.20200	12:07 PM
21	SEK	10.71000	10.71260	10.71264	10.70998	12:07 PM
22	ZAR	18.17040	18.17790	18.17792	18.17042	12:07 PM
23	NOK	10.67970	10.68430	10.68430	10.67974	12:07 PM
24	DKK	6.86290	6.86390	6.86390	6.86290	12:07 PM
25	ARS	886.71700	886.72600	886.72560	886.71732	12:07 PM
26	BDT	115.43100	118.75200	118.75196	115.43074	07:19 AM
27	BHD	0.37695	0.37700	0.37700	0.37695	08:29 PM
28	BRL	5.11170	5.11470	5.11460	5.11170	12:07 PM
29	KRW	1,353.78000	1,354.35000	1,354.35000	1,353.78000	12:07 PM
30	KWD	0.30687	0.30747	0.30747	0.30687	11:54 PM
31	LKR	296.45500	302.91300	302.91335	296.45543	07:19 AM
32	OMR	0.38488	0.38503	0.38503	0.38488	06:47 PM
33	QAR	3.64400	3.64700	3.64700	3.64400	09:06 PM
34	RUB	90.87000	90.91000	90.91000	90.87000	10:50 AM
35	AFN	70.00000	72.00000	72.00000	70.00000	10:49 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:12 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	10:50 AM
38	MVR	15.26000	15.66000	15.66000	15.26000	10:50 AM
39	UZS	12,700.00000	12,775.00000	12,775.00000	12,700.00000	10:50 AM
40	PHP	57.64600	57.73700	57.73700	57.64600	12:07 PM
42	NGN	1,469.50000	1,470.50000	1,470.50000	1,469.50000	10:36 AM
43	KES	130.00000	132.00000	132.00000	130.00000	11:43 AM
44	AMD	387.60000	387.60000	387.60000	387.60000	08:04 AM
45	TWD	32.16580	32.19580	32.19580	32.16580	12:07 PM
46	XAU	2,411.45000	2,411.79000	2,411.79000	2,411.45000	12:06 PM
47	XAG	30.73250	30.73980	30.73980	30.73250	12:06 PM
48	XPT	1,077.22000	1,082.22000	1,082.22000	1,077.22000	09:07 PM
49	XPD	1,004.50000	1,009.50000	1,009.50000	1,004.50000	09:07 PM
2,120	VES	36.53490	36.62660	36.62656	36.53493	10:50 AM
2,212	UGX	3,728.07000	3,811.10000	3,811.09656	3,728.06613	07:19 AM
2,213	TZS	2,594.99000	2,595.01000	2,595.01500	2,594.98500	06:49 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	75,401.12	75,342.346	74,947.71	411.647	0.549	188,724,737.0	10,794,119,010.980	17/05/2024 05:12 PM
ALLSHR	48,807.14	48,769.459	48,569.78	232.516	0.479	496,551,417.0	17,628,388,996.920	17/05/2024 05:12 PM
KSE30	24,250.19	24,214.289	24,115.01	68.600	0.284	83,749,804.0	7,299,349,871.180	17/05/2024 05:12 PM
KMI30	124,499.58	124,073.598	123,588.39	577.661	0.468	115,584,298.0	6,628,115,990.660	17/05/2024 05:12 PM
KMIALLSHR	34,853.66	34,803.012	34,601.31	229.583	0.664	301,521,687.0	13,083,340,734.470	17/05/2024 05:12 PM
BKTi	18,640.08	18,555.775	18,385.35	-28.304	-0.152	10,145,516.0	1,626,001,821.630	17/05/2024 05:12 PM
OGTi	17,931.76	17,849.852	17,747.27	38.860	0.218	7,146,222.0	1,031,531,203.480	17/05/2024 05:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	67,600.0	67,865.0	65,345.0	2,155.00
BRENT CRUDE	EB	83.6	83.9	83.1	0.31
RICHARDS BAY COAL MONTHLY	EF	101.9	0.0	0.0	-4.60
ROTTERDAM COAL MONTHLY	ET	105.0	106.5	105.0	-1.45
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	78.2	80.0	78.1	-1.06
SUGAR #11 WORLD	SB	18.1	18.5	18.1	-0.19

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