PIL anticipates operations restart upon Sindh High Court's nod for CSF Merger

MG News | January 03, 2024 at 12:20 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

January 03, 2024 (MLN): PICIC Insurance Limited (PSX: PIL) is set to resume operations once the Sindh High Court approves its merger petition with Crescent Star Foods (Pvt.) Limited (CSF), according to PIL's latest progress report issued on the local bourse today.

Additionally, following the last hearing, the board has been discharged, and the next hearing date is awaited.

The company was incorporated on April 23, 2004, and is engaged in providing all classes of non-life insurance business.

At the time of writing, the company's share is being traded at Rs0.95, up by 10 paisa or 11.77% on the day.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	168,021.80 127.60M	-0.81% -1370.52
ALLSHR	101,556.94 354.31M	-0.67% -689.83
KSE30	49,991.48 75.67M	-0.94% -476.61
KMI30	238,953.80 53.22M	-0.89% -2154.95
KMIALLSHR	65,832.11 176.71M	-0.62% -413.39
BKTi	46,602.60 33.62M	-0.83% -389.71
OGTi	34,306.19 5.41M	-0.53% -182.74

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	76,200.00	0.00 0.00	115.00 0.15%
BRENT CRUDE	105.62	108.59 104.00	-3.13 -2.88%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	4.60 3.67%
ROTTERDAM COAL MONTHLY	138.50	0.00 0.00	-0.50 -0.36%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	102.02	105.63 100.97	-3.81 -3.60%
SUGAR #11 WORLD	18.01	18.18 17.68	0.07 0.39%