Lahore High Court dismisses winding up petition with cost against Roshan Packages Ltd’s subsidiary

MG News | October 22, 2020 at 03:29 PM GMT+05:00

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October 22, 2020 (MLN): Roshan Packages Limited (RPL), in an announcement to the Pakistan Stock Exchange, said that the honourable Lahore High Court has dismissed with cost the petition for winding up of Roshan Sun Tao Paper Mills Private Limited (a subsidiary of RPL) which was filed by Shandong Yongtai Paper Mills Limited (SDYPL), a shareholder of Roshan Sun Tao Paper Mills Private Limited.

“The management of Roshan Packages is fully committed to the project of the subsidiary and strongly believes that the paper mill project on completion will bring significant benefits to the company and its shareholders”, said notification.

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