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

0:00

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.

Copyright Mettis Link News

Related News

Weekly Market Roundup

MLCF profit doubles in Q3FY25

Nestle Pakistan profit surges 15%, declares Rs78 dividend

Name	Price/Vol	%Chg/NChg
KSE100	163,806.22 500.44M	-0.39% -638.50
ALLSHR	99,845.79 1,977.49M	-0.42% -417.42
KSE30	50,123.85 153.24M	-0.68% -343.31
KMI30	238,530.50 71.49M	-0.36% -850.63
KMIALLSHR	65,898.10 543.80M	-0.37% -245.35
BKTi	46,380.96 92.15M	-0.49% -229.01
OGTi	31,857.40 12.33M	-1.20% -387.93

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,795.00	109,605.00 107,690.00	1120.00 1.05%
BRENT CRUDE	61.05	61.55 61.01	-0.24 -0.39%
RICHARDS BAY COAL MONTHLY	80.50	0.00 0.00	-1.00 -1.23%
ROTTERDAM COAL MONTHLY	93.20	93.50 93.20	0.05 0.05%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	56.93	57.43 56.89	-0.22 -0.39%
SUGAR #11 WORLD	15.53	15.88 15.45	-0.27 -1.71%