LMSM rebrands as Liven Pharmaceuticals, shifts to pharma sector

MG News | November 07, 2024 at 11:57 AM GMT+05:00

0:00

November 07, 2024 (MLN): The name of Landmark Spinning Industries Limited (PSX: LMSM) has been changed to Liven Pharmaceuticals Limited (PSX: LIVEN) following its merger.

Accordingly, the company’s primary business has shifted from trading, manufacturing, and selling yarn to manufacturing pharmaceutical and allied products.

Additionally, the company’s location has changed from Sindh to Punjab, and its authorized share capital has increased to Rs1 billion (100 million shares), up from Rs150m (15m shares) previously.

This change has also resulted in a relocation of the registered office.

To recall, on September 02, the High Court of Sindh sanctioned the aforesaid merger.

With the court's approval, the company is no longer subject to the provisions of PSX Regulation 5.11 and is now required to disseminate material information promptly.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	161,687.18 521.41M	-0.15% -248.01
ALLSHR	98,075.27 1,212.38M	0.09% 85.63
KSE30	48,950.98 123.60M	-0.27% -132.15
KMI30	230,724.42 106.87M	-0.37% -866.15
KMIALLSHR	63,750.70 842.75M	0.03% 20.32
BKTi	44,377.56 31.96M	-0.30% -133.71
OGTi	31,123.97 14.36M	-0.34% -105.13

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	91,520.00	96,145.00 91,315.00	-2845.00 -3.01%
BRENT CRUDE	64.05	64.72 63.67	-0.34 -0.53%
RICHARDS BAY COAL MONTHLY	85.75	85.75 85.75	0.50 0.59%
ROTTERDAM COAL MONTHLY	96.45	0.00 0.00	0.30 0.31%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	59.76	60.44 59.32	-0.33 -0.55%
SUGAR #11 WORLD	14.75	14.94 14.65	-0.21 -1.40%