High Court gives green light to AEL-SIL merger, share allocation

10:00
December 26, 2023

December 26, 2023 (MLN): The Lahore High Court has approved the scheme of restructuring/arrangement for the merger of AEL Textile Limited (PSX: AEL) with and into Stylers International Limited (SIL), the company’s filing on PSX showed today.

Upon the completion of merger/amalgamation through the intended Scheme, AEL will be dissolved without winding up, and the issuance of shares of SIL to the registered members of AEL.

As per the approved Scheme, SIL will be listed at Pakistan Stock Exchange Limited (PSX).

AEL’s primary activity is in the business of the generation and distribution of electricity.

SIL is an associated company of AEL, engaged in the manufacturing, export, and sale of readymade garments.

Copyright Mettis Link News

Posted on: 2023-12-26T09:52:14+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.35000	278.55000	278.55000	278.35000	03:02 PM
2	EUR	1.07237	1.07248	1.07248	1.07237	05:51 PM
3	GBP	1.25330	1.25363	1.25363	1.25330	05:51 PM
4	CHF	0.91000	0.91040	0.91040	0.91000	05:51 PM
5	JPY	153.69700	153.71400	153.71400	153.69700	05:51 PM
6	CAD	1.36728	1.36756	1.36756	1.36728	05:51 PM
7	AUD	0.65655	0.65668	0.65668	0.65655	05:51 PM
8	INR	83.41780	83.41830	83.41830	83.41780	05:33 PM
9	SAR	3.75050	3.75070	3.75070	3.75050	02:51 AM
10	AED	3.67230	3.67330	3.67330	3.67230	02:50 AM
11	HKD	7.81370	7.81380	7.81380	7.81370	05:51 PM
12	CNH	7.20518	7.21242	7.21242	7.20518	05:51 PM
13	CNY	7.24010	7.24210	7.24210	7.24010	08:21 PM
14	THB	36.81000	36.83000	36.83000	36.81000	05:51 PM
15	MYR	4.75200	4.75700	4.75700	4.75200	05:27 AM
16	IDR	16,088.50000	16,101.10000	16,101.10000	16,088.50000	05:48 PM
17	SGD	1.35410	1.35510	1.35510	1.35410	05:51 PM
18	NZD	0.59500	0.59646	0.59646	0.59500	05:51 PM
19	MXN	16.96900	17.00350	17.00341	16.96959	05:51 PM
20	TRY	32.40450	32.41450	32.41450	32.40450	05:51 PM
21	SEK	10.85380	10.89250	10.89247	10.85382	05:51 PM
22	ZAR	18.53070	18.56070	18.56070	18.53070	05:51 PM
23	NOK	10.96600	11.01640	11.01638	10.96604	05:51 PM
24	DKK	6.95380	6.95480	6.95480	6.95380	05:50 PM
25	ARS	878.22800	878.23800	878.23770	878.22770	05:51 PM
26	BDT	108.10500	111.46900	111.46882	108.10457	07:19 AM
27	BHD	0.37705	0.37710	0.37710	0.37705	09:25 PM
28	BRL	5.11220	5.11520	5.11520	5.11220	05:48 PM
29	KRW	1,365.90000	1,367.90000	1,367.90000	1,365.90000	05:48 PM
30	KWD	0.30740	0.30800	0.30800	0.30740	02:38 AM
31	LKR	293.91800	300.45900	300.45931	293.91783	07:19 AM
32	OMR	0.38490	0.38505	0.38505	0.38490	02:00 AM
33	QAR	3.64600	3.64800	3.64800	3.64600	02:51 AM
34	RUB	93.26000	93.76000	93.76000	93.26000	11:47 AM
35	AFN	70.00000	73.00000	73.00000	70.00000	11:44 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	05:26 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	14.93000	14.97000	14.97000	14.93000	11:47 AM
39	UZS	12,602.90000	12,668.30000	12,668.27092	12,602.85494	07:19 AM
40	PHP	57.44700	57.53400	57.53400	57.44700	05:45 PM
42	NGN	1,372.45000	1,373.45000	1,373.45000	1,372.45000	11:47 AM
43	KES	134.00000	136.00000	136.00000	134.00000	05:30 PM
44	AMD	387.63000	387.63000	387.63000	387.63000	08:28 AM
45	TWD	32.33880	32.36880	32.36880	32.33880	05:48 PM
46	XAU	2,303.37000	2,303.99000	2,303.99000	2,303.37000	05:49 PM
47	XAG	26.65280	26.68090	26.68090	26.65280	05:49 PM
48	XPT	949.66600	959.33400	959.33370	949.66620	02:38 AM
49	XPD	935.47000	941.12000	941.12000	935.47000	02:48 AM
2,120	VES	36.38180	36.47310	36.47306	36.38182	08:00 PM
2,212	UGX	3,758.62000	3,842.72000	3,842.72130	3,758.61505	07:19 AM
2,213	TZS	2,590.99000	2,591.01000	2,591.01500	2,590.98500	08:00 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	71,292.83	70,657.641	70,562.12	-444.906	-0.626	225,619,410.0	11,798,164,426.590	02/05/2024 04:12 PM
ALLSHR	46,626.66	46,150.314	46,073.36	-403.924	-0.868	436,816,041.0	19,022,397,756.680	02/05/2024 04:12 PM
KSE30	23,455.24	23,234.081	23,212.77	-160.579	-0.686	79,055,719.0	8,678,222,377.000	02/05/2024 04:12 PM
KMI30	120,178.80	118,759.788	118,657.73	-685.009	-0.574	93,887,074.0	7,511,292,824.070	02/05/2024 04:12 PM
KMIALLSHR	33,407.15	33,049.283	33,014.12	-223.106	-0.671	264,217,816.0	14,805,572,322.210	02/05/2024 04:12 PM
BKTi	17,599.66	17,553.510	17,493.12	-85.775	-0.486	17,849,327.0	1,410,481,198.310	02/05/2024 04:12 PM
OGTi	16,944.38	16,761.298	16,680.86	-23.848	-0.142	17,193,523.0	2,461,028,371.020	02/05/2024 04:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	59,280.0	60,070.0	57,265.0	1,925.00
BRENT CRUDE	EB	83.7	84.4	83.1	0.27
RICHARDS BAY COAL MONTHLY	EF	101.9	0.0	0.0	-3.70
ROTTERDAM COAL MONTHLY	ET	108.0	108.0	106.0	0.90
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	79.1	79.9	78.4	0.06
SUGAR #11 WORLD	SB	19.3	19.5	19.1	0.04

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