Pakistan Gum and Chemicals Ltd urges its remaining shareholders to sell their holdings

MG News | January 10, 2020 at 05:05 PM GMT+05:00

0:00

January 10, 2020 (MLN): Pakistan Gum and Chemicals Limited has informed its shareholders that the initial buy-back period of purchase of shares by the sponsors has already been expired on December 24, 2019.

‘The remaining majority shareholders of the Company, who could not avail the opportunity earlier and desire to sell the shares, are requested to approach the Purchase Agent of the Company, i.e. Arif Habib Limited, for the purpose’ the company stated in its notice to PSX.

The Purchase Agent and Sponsors of the Company have submitted an undertaking to the Pakistan Stock Exchange for purchase of the remaining shares at the price of Rs. 300 per share approved by the Exchange for a further period up to December 25, 2020.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	161,501.60 183.59M	0.53% 844.10
ALLSHR	97,829.44 532.03M	0.64% 620.72
KSE30	48,963.99 126.59M	0.49% 238.04
KMI30	231,503.36 95.23M	0.76% 1748.27
KMIALLSHR	63,710.64 241.73M	0.62% 394.66
BKTi	44,373.64 32.37M	0.69% 305.07
OGTi	31,267.87 17.56M	1.55% 477.21

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	97,050.00	100,495.00 96,095.00	-1075.00 -1.10%
BRENT CRUDE	64.43	64.87 63.36	1.42 2.25%
RICHARDS BAY COAL MONTHLY	85.25	0.00 0.00	0.30 0.35%
ROTTERDAM COAL MONTHLY	95.50	0.00 0.00	0.25 0.26%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.16	60.65 58.71	1.47 2.50%
SUGAR #11 WORLD	14.56	14.57 14.35	0.12 0.83%