Inner Mongolia Yili Industrial Group granted extension for acquiring 51% voting shares of Fauji Foods

MG News | February 06, 2019 at 11:00 AM GMT+05:00

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February 6, 2019 (MLN): The Securities and Exchange Commission of Pakistan has granted Inner Mongolia Yili Industrial Group Company Limited, an extension of ninety days, i.e. until April 29, 2019, for making the public offer in respect of the proposed acquisition of up to 51% voting shares of Fauji Foods Limited.

The public announcement of intention was communicated to the Pakistan Stock Exchange in 31^st July 2018.

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