Hoechst Pakistan to incorporate wholly-owned UAE unit

MG News | December 20, 2024 at 09:49 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

December 20, 2024 (MLN): The Board of Directors of Hoechst Pakistan Limited (PSX: HPL) has approved the incorporation of a wholly owned foreign subsidiary in the UAE, as reported by the company's filing to PSX.

This is subject to all applicable regulatory approvals.

The subsidiary will be primarily engaged in commercial trading with import, export, distribution, and warehousing as its ancillary activities.

HPL is a public limited Company incorporated in Pakistan under the repealed Companies Act, 1913 (Now the Companies Act, 2017).

The Company is engaged in the manufacturing, selling, and trading of pharmaceuticals and related products.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	175,802.79 267.06M	-1.30% -2320.78
ALLSHR	106,568.29 617.78M	-1.25% -1352.24
KSE30	52,497.68 83.82M	-1.25% -665.92
KMI30	247,323.37 106.69M	-1.37% -3422.76
KMIALLSHR	68,315.26 363.70M	-1.37% -952.13
BKTi	49,936.11 23.35M	-1.18% -594.28
OGTi	34,758.02 9.23M	-1.71% -605.59

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,080.00	64,255.00 63,980.00	-190.00 -0.30%
BRENT CRUDE	88.26	88.38 83.71	4.03 4.78%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-0.65 -0.61%
ROTTERDAM COAL MONTHLY	119.80	120.30 119.80	0.00 0.00%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	81.77	82.07 77.93	3.49 4.46%
SUGAR #11 WORLD	14.82	14.94 14.39	0.38 2.63%