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Loads Limited to invest PKR 3 billion in Hi-Tech Alloy Wheels Ltd

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October 5, 2020 (MLN): The Board of Directors of Loads Limited, in its meeting held on October 5, 2020, has decided to make the following investments in associated companies, subject to the approval of the shareholders.

Name of Subsidiary

Loans

Corporate Guarantee

Total Investments in Associated Companies

Hi-Tech Alloy Wheels Limited

   1,000,000,000

                   2,000,000,000

                                                                3,000,000,000

Specialized Autoparts Industries (Private) Limited

       350,000,000

 

                                                                   350,000,000

Multiple Autoparts Industries (Private) Limited

       150,000,000

 

                                                                   150,000,000

Specialized Motorcycles (Private) Limited

         50,000,000

 

                                                                      50,000,000

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Posted on: 2020-10-05T14:17:00+05:00

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