MWMP receives acquisition offer from Meskay & Femtee

MG News | June 12, 2024 at 12:54 PM GMT+05:00

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June 12, 2024 (MLN): Mandviwala Mauser Plastic Industries (PSX: MWMP) has received intention from Meskay & Femtee Trading Company (private) Limited to acquire 21,391,485 voting shares (74.41% of paid-up capital) of MWMP.

The company shared the development in its notice to the Pakistan Stock Exchange (PSX) on Wednesday.

MWMP is listed on the PSX as a defaulter company and is mainly engaged in manufacturing and sale of plastic and allied products.

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