Matco restructures with new subsidiary, rebrands Falak Foods

17:00
May 9, 2025

May 09, 2025 (MLN): Matco Foods Limited (PSX: MATCO) has incorporated Matco Corn Products (Private) Limited, a 99.99% owned subsidiary, the Company's filing on PSX revealed today.

Additionally, the company has renamed its existing 99.99%-owned subsidiary Matco Marketing (Private) Limited to Falak Foods (Private) Limited.

This move is part of Matco’s strategic plan to carve out its Corn Starch and Falak Foods divisions into wholly-owned subsidiaries.

The restructuring is expected to enhance focus on core market segments, unlock new investment opportunities, and attract strategic partnerships.

The company believes this step will contribute to long-term shareholder value creation by aligning each division with its market dynamics and enabling access to additional funding channels.

Posted on: 2025-05-09T16:45:14+05:00

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1	PKR	281.49000	281.74000	281.70000	281.70000	01:40 PM
2	EUR	1.12388	1.12399	1.12521	1.11802	04:40 AM
3	GBP	1.33500	1.33502	1.33583	1.32911	04:40 AM
4	CHF	0.83596	0.83613	0.84012	0.83459	04:40 AM
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7	AUD	0.64937	0.64939	0.65011	0.64653	04:40 AM
8	INR	85.32260	85.33320	85.51300	84.98650	04:40 AM
9	SAR	3.75060	3.75080	3.75090	3.75080	01:40 PM
10	AED	3.67280	3.67330	3.67300	3.67290	12:49 PM
11	HKD	7.80184	7.80213	7.81126	7.79630	04:40 AM
12	CNH	7.20454	7.20491	7.21591	7.19121	04:40 AM
13	CNY	7.20870	7.20930	7.21860	7.20300	01:40 PM
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17	SGD	1.29792	1.29803	1.30257	1.29628	04:40 AM
18	NZD	0.59630	0.59634	0.59689	0.59323	04:40 AM
19	MXN	19.35107	19.35623	19.42710	19.35099	04:40 AM
20	TRY	38.76590	38.77590	38.80940	38.73420	04:40 AM
21	SEK	9.65876	9.66027	9.74964	9.65606	04:40 AM
22	ZAR	18.20330	18.20680	18.32769	18.19500	04:40 AM
23	NOK	10.28767	10.28938	10.36897	10.28212	04:40 AM
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25	ARS	1,124.98600	1,124.99600	1,125.41651	1,124.71263	04:40 AM
26	BDT	119.82537	123.06584	119.82537	122.84667	08:00 PM
27	BHD	0.37695	0.37700	0.37698	0.37700	01:39 PM
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30	KWD	0.30726	0.30736	0.30737	0.30721	01:40 PM
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35	AFN	68.00000	73.00000	69.19530	70.81199	08:00 PM
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42	NGN	1,602.50000	1,603.50000	1,603.21000	1,598.53000	04:34 AM
43	KES	128.25000	130.25000	128.50000	130.05000	03:56 AM
44	AMD	360.86395	414.87202	360.86395	414.59362	08:00 PM
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46	XAU	3,231.91000	3,232.27000	3,254.41000	3,222.38000	04:40 AM
47	XAG	32.83620	32.85580	32.95020	32.58580	04:40 AM
48	XPT	997.05000	1,006.05000	1,000.65000	991.00000	01:40 PM
49	XPD	958.21000	963.86000	960.21000	953.04240	01:40 PM
2,120	VES	92.82964	93.06236	92.82964	93.06236	08:00 PM
2,212	UGX	3,617.67340	3,698.68624	3,617.67340	3,692.09711	08:00 PM
2,213	TZS	2,695.48500	2,695.51500	2,697.98500	2,667.51500	04:08 AM

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Name	High	Current	Low	Change	% Change	Volume	Value	Direction	DateTime
KSE100	119,460.54	118,282.598	118,200.45	-293.292	-0.247	201,839,754.0	24,467,936,271.330	1	14/05/2025 01:56 PM
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KSE30	36,646.40	36,202.973	36,150.41	-98.685	-0.272	134,439,663.0	22,070,587,741.120	1	14/05/2025 01:56 PM
KMI30	180,274.45	177,838.086	177,781.28	-1,037.545	-0.580	145,995,079.0	17,397,324,464.050	-1	14/05/2025 01:56 PM
KMIALLSHR	51,217.98	50,757.799	50,749.86	-187.906	-0.369	317,370,034.0	24,367,149,786.590	-1	14/05/2025 01:56 PM
BKTi	28,636.34	28,300.110	28,191.26	8.614	0.030	9,568,179.0	2,006,317,511.270	0	14/05/2025 01:56 PM
OGTi	28,082.31	27,636.497	27,615.79	-383.542	-1.369	15,782,687.0	3,541,660,815.030	-1	14/05/2025 01:56 PM

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USD RBD PALM OLEIN	POL	998.5	998.5	998.5	0.00
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