NICL takes control of Hub Plant from Procter & Gamble

10:15
September 2, 2024

September 02, 2024 (MLN): Nimir Industrial Chemicals Limited (PSX: NICL) has completed the acquisition of the soap manufacturing facility located in Hub, Balochistan, previously owned by Procter & Gamble Pakistan (Pvt.) Limited, the company's filing on PSX revealed today.

The transition of operational control to NICL took effect on September 1, 2024, marking a significant milestone in the company's expansion plans.

This strategic acquisition will enable the company to strengthen its presence in the southern region, increase its production capacity, and expand its export operations through seaports.

"We are confident that this transition will significantly contribute to our company's growth and enhance shareholder value in the years ahead," the notification issued to the bourse reads.

Copyright Mettis Link News

Posted on: 2024-09-02T10:05:05+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.10000	278.30000	278.30000	278.10000	05:16 PM
2	EUR	1.11370	1.11400	1.11400	1.11370	05:40 AM
3	GBP	1.32228	1.32233	1.32233	1.32228	05:40 AM
4	CHF	0.84362	0.84368	0.84368	0.84362	05:40 AM
5	JPY	140.50100	140.51300	140.51300	140.50100	05:40 AM
6	CAD	1.35824	1.35837	1.35837	1.35824	05:40 AM
7	AUD	0.67663	0.67670	0.67663	0.67662	05:40 AM
8	INR	83.73900	83.74550	83.74550	83.73900	05:40 AM
9	SAR	3.75340	3.75360	3.75360	3.75340	02:40 PM
10	AED	3.67280	3.67320	3.67320	3.67280	02:40 PM
11	HKD	7.79135	7.79165	7.79165	7.79135	05:40 AM
12	CNH	7.09376	7.09398	7.09398	7.09380	05:40 AM
13	CNY	7.09300	7.09440	7.09440	7.09300	08:51 PM
14	THB	33.28100	33.30100	33.30100	33.28100	05:40 AM
15	MYR	4.25950	4.26450	4.26450	4.25950	05:36 AM
16	IDR	15,307.60000	15,315.90000	15,315.90000	15,307.60000	05:40 AM
17	SGD	1.29240	1.29340	1.29340	1.29240	05:40 AM
18	NZD	0.62071	0.62076	0.62076	0.62071	05:40 AM
19	MXN	19.27590	19.28090	19.28090	19.27590	05:40 AM
20	TRY	34.04430	34.05430	34.05430	34.04430	05:40 AM
21	SEK	10.15850	10.15970	10.15970	10.15849	05:40 AM
22	ZAR	17.60620	17.60930	17.60930	17.60620	05:40 AM
23	NOK	10.58530	10.58800	10.58797	10.58533	05:40 AM
24	DKK	6.69949	6.70010	6.70010	6.69949	05:40 AM
25	ARS	960.50400	960.51400	960.51370	960.50370	05:40 AM
26	BDT	117.86600	121.10200	121.10234	117.86599	12:42 AM
27	BHD	0.37687	0.37693	0.37693	0.37687	02:39 PM
28	BRL	5.50260	5.50580	5.50580	5.50260	05:36 AM
29	KRW	1,316.76000	1,317.75000	1,317.75000	1,316.76000	05:40 AM
30	KWD	0.30481	0.30491	0.30491	0.30481	02:40 PM
31	LKR	298.82400	305.11700	305.11705	298.82412	12:42 AM
32	OMR	0.38500	0.38505	0.38505	0.38500	01:23 PM
33	QAR	3.64500	3.64650	3.64650	3.64500	02:39 PM
34	RUB	91.37140	91.37950	91.37948	91.37140	05:40 AM
35	AFN	68.58390	70.38190	70.38189	68.58391	12:42 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:35 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.46000	15.46000	15.26000	08:00 PM
39	UZS	12,716.10000	12,779.10000	12,779.07881	12,716.14982	12:42 AM
40	PHP	55.61600	55.64100	55.64100	55.61600	05:40 AM
42	NGN	1,638.57000	1,639.57000	1,639.57000	1,638.57000	04:34 AM
43	KES	128.00000	130.00000	130.00000	128.00000	02:42 AM
44	AMD	359.95400	413.89300	413.89292	359.95379	12:42 AM
45	TWD	31.85900	31.86600	31.86600	31.85900	05:40 AM
46	XAU	2,574.63000	2,574.95000	2,574.95000	2,574.63000	05:40 AM
47	XAG	30.68720	30.69480	30.69480	30.68720	05:40 AM
48	XPT	978.42600	985.71800	985.71830	978.42550	02:40 PM
49	XPD	1,087.10000	1,094.93000	1,094.93360	1,087.10180	02:40 PM
2,120	VES	36.71910	36.73890	36.73888	36.71907	05:40 AM
2,212	UGX	3,674.15000	3,755.06000	3,755.06241	3,674.15372	12:42 AM
2,213	TZS	2,722.26000	2,722.29000	2,722.29300	2,722.26300	02:21 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	79,993.18	79,491.137	79,368.18	158.082	0.199	152,285,179.0	4,709,764,998.460	16/09/2024 04:15 PM
ALLSHR	51,652.53	51,243.052	51,212.81	86.402	0.169	535,837,771.0	8,903,156,473.450	16/09/2024 04:15 PM
KSE30	25,200.76	25,068.596	24,991.77	41.518	0.166	38,050,927.0	3,600,972,482.980	16/09/2024 04:15 PM
KMI30	127,052.44	126,271.769	126,098.35	825.811	0.658	38,156,300.0	2,437,048,214.390	16/09/2024 04:15 PM
KMIALLSHR	36,055.77	35,820.717	35,774.92	170.536	0.478	209,259,604.0	5,211,557,059.930	16/09/2024 04:15 PM
BKTi	19,205.20	19,090.151	18,982.75	-33.155	-0.173	1,563,127.0	235,877,426.250	16/09/2024 04:15 PM
OGTi	19,815.64	19,634.884	19,588.25	266.411	1.376	8,193,221.0	1,264,142,306.280	16/09/2024 04:15 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	58,900.0	59,085.0	57,665.0	915.00
BRENT CRUDE	EB	72.5	73.2	72.5	-0.28
RICHARDS BAY COAL MONTHLY	EF	112.0	0.0	0.0	4.75
ROTTERDAM COAL MONTHLY	ET	114.0	0.0	0.0	1.35
USD RBD PALM OLEIN	POL	930.0	930.0	930.0	0.00
CRUDE OIL – WTI	QCL	70.0	70.8	69.9	-0.14
SUGAR #11 WORLD	SB	19.6	19.7	19.5	0.03