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

By 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

PSX proposes key regulatory amendments

PSX Closing Bell: Breaking Records, Breaking Ground

PACRA maintains the entity ratings of Bank Alfalah Ltd

Name	Price/Vol	%Chg/NChg
KSE100	128,199.43 336.91M	2.05% 2572.11
ALLSHR	79,787.62 1,023.63M	1.53% 1202.91
KSE30	39,105.00 121.90M	2.49% 951.21
KMI30	186,915.61 131.16M	1.10% 2029.11
KMIALLSHR	54,201.88 553.60M	0.81% 438.07
BKTi	33,476.68 51.49M	4.87% 1555.00
OGTi	27,962.58 9.77M	0.68% 188.60

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	106,265.00	106,275.00 105,440.00	515.00 0.49%
BRENT CRUDE	67.13	67.29 67.05	0.02 0.03%
RICHARDS BAY COAL MONTHLY	97.50	97.50 97.50	0.70 0.72%
ROTTERDAM COAL MONTHLY	103.80	103.80 103.80	-3.45 -3.22%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	65.44	65.65 65.34	-0.01 -0.02%
SUGAR #11 WORLD	15.70	16.21 15.55	-0.50 -3.09%