Interloop acquires 64% stake in Top Circle Hosiery Mills Co., USA

10:00
December 1, 2023

December 01, 2023 (MLN): Interloop Limited (ILP) has completed the proposed acquisition of a 64% equity stake in the Target Company i.e., Top Circle Hosiery Mills Co, USA, the company's filing on PSX revealed today.

Top Circle is incorporated under the laws of the United States of America, where it is registered and has a hosiery manufacturing subsidiary in China as well.

The proposed acquisition has been made after the execution of a definitive transaction agreement and securing all applicable corporate and regulatory approvals.

With the completion of this acquisition, Top Circle will now operate as a subsidiary of ILP, with ILP owning 64% of Top Circle.

This strategic move represents a significant milestone in our ongoing efforts to enhance shareholders' value strengthen the position in the global market and ultimately contribute to the long-term sustainability of the company.

Copyright Mettis Link News

Posted on: 2023-12-01T09:42:16+05:00

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PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.45000	278.65000	278.65000	278.45000	01:13 PM
2	EUR	1.08730	1.08750	1.08750	1.08730	10:10 AM
3	GBP	1.26630	1.26660	1.26660	1.26630	10:10 AM
4	CHF	0.91168	0.91216	0.91216	0.91168	10:21 AM
5	JPY	155.63000	155.66000	155.66000	155.63000	10:10 AM
6	CAD	1.35320	1.35370	1.35370	1.35320	10:10 AM
7	AUD	0.67020	0.67060	0.67060	0.67020	10:10 AM
8	INR	83.29860	83.29910	83.29910	83.29860	08:00 PM
9	SAR	3.75030	3.75050	3.75050	3.75030	04:59 PM
10	AED	3.67290	3.67320	3.67320	3.67290	01:59 AM
11	HKD	7.80020	7.80220	7.80220	7.80020	10:10 AM
12	CNH	7.23070	7.23270	7.23270	7.23070	09:58 AM
13	CNY	7.22340	7.22520	7.22520	7.22340	11:48 PM
14	THB	36.29500	36.34500	36.34500	36.29500	09:58 AM
15	MYR	4.68500	4.69000	4.69000	4.68500	08:00 PM
16	IDR	15,920.30000	16,008.70000	16,008.70000	15,920.30000	05:18 AM
17	SGD	1.34450	1.34550	1.34550	1.34450	10:10 AM
18	NZD	0.61310	0.61360	0.61360	0.61310	09:58 AM
19	MXN	16.48300	16.49300	16.49300	16.48300	10:10 AM
20	TRY	32.24140	32.24540	32.24540	32.24140	09:58 AM
21	SEK	10.46910	10.96490	10.96485	10.46912	05:51 AM
22	ZAR	18.06940	18.07940	18.07940	18.06940	10:10 AM
23	NOK	10.57670	10.90460	10.90459	10.57671	05:51 AM
24	DKK	6.86410	6.86510	6.86510	6.86410	05:21 AM
25	ARS	881.53000	881.67700	881.67684	881.52999	10:21 AM
26	BDT	114.83600	118.14100	118.14052	114.83640	09:58 AM
27	BHD	0.37695	0.37700	0.37700	0.37695	09:32 PM
28	BRL	5.07898	5.12487	5.12487	5.07898	09:58 AM
29	KRW	1,353.49000	1,355.29000	1,355.29000	1,353.49000	05:18 AM
30	KWD	0.30696	0.30756	0.30756	0.30696	07:54 PM
31	LKR	294.92900	301.35400	301.35368	294.92901	09:58 AM
32	OMR	0.38471	0.38521	0.38521	0.38471	01:57 AM
33	QAR	3.64400	3.64700	3.64700	3.64400	01:59 AM
34	RUB	90.87000	90.91000	90.91000	90.87000	08:00 PM
35	AFN	70.56120	72.39690	72.39686	70.56124	09:58 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:12 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,620.80000	12,685.10000	12,685.05346	12,620.80676	09:58 AM
40	PHP	57.65700	58.04300	58.04300	57.65700	08:00 PM
42	NGN	1,469.50000	1,470.50000	1,470.50000	1,469.50000	08:00 PM
43	KES	128.43800	131.19200	131.19178	128.43835	09:58 AM
44	AMD	358.49700	413.56500	413.56523	358.49663	09:58 AM
45	TWD	32.16480	32.19480	32.19480	32.16480	05:18 AM
46	XAU	2,413.06000	2,414.81000	2,414.81000	2,413.06000	05:19 AM
47	XAG	31.39720	31.46080	31.46080	31.39720	05:19 AM
48	XPT	1,080.80000	1,089.80000	1,089.80000	1,080.80000	02:00 AM
49	XPD	1,008.57000	1,014.22000	1,014.22000	1,008.57000	02:00 AM
2,120	VES	36.53490	36.62660	36.62656	36.53493	08:00 PM
2,212	UGX	3,708.87000	3,791.47000	3,791.47354	3,708.87063	09:58 AM
2,213	TZS	2,535.54000	2,627.32000	2,627.32321	2,535.54220	09:58 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	75,401.12	75,342.346	74,947.71	411.647	0.549	188,724,737.0	10,794,119,010.980	17/05/2024 05:12 PM
ALLSHR	48,807.14	48,769.459	48,569.78	232.516	0.479	496,551,417.0	17,628,388,996.920	17/05/2024 05:12 PM
KSE30	24,250.19	24,214.289	24,115.01	68.600	0.284	83,749,804.0	7,299,349,871.180	17/05/2024 05:12 PM
KMI30	124,499.58	124,073.598	123,588.39	577.661	0.468	115,584,298.0	6,628,115,990.660	17/05/2024 05:12 PM
KMIALLSHR	34,853.66	34,803.012	34,601.31	229.583	0.664	301,521,687.0	13,083,340,734.470	17/05/2024 05:12 PM
BKTi	18,640.08	18,555.775	18,385.35	-28.304	-0.152	10,145,516.0	1,626,001,821.630	17/05/2024 05:12 PM
OGTi	17,931.76	17,849.852	17,747.27	38.860	0.218	7,146,222.0	1,031,531,203.480	17/05/2024 05:12 PM

Data is delayed by 20 minutes

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Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	67,260.0	67,865.0	65,345.0	1,815.00
BRENT CRUDE	EB	84.0	84.0	83.1	0.73
RICHARDS BAY COAL MONTHLY	EF	101.9	0.0	0.0	-4.60
ROTTERDAM COAL MONTHLY	ET	105.0	106.5	105.0	-1.45
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	78.2	80.0	78.1	-1.06
SUGAR #11 WORLD	SB	18.1	18.5	18.1	-0.23

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