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PSX to form a wholly-owned subsidiary to demerge real estate from regular operations

04:53
June 30, 2021
MG

June 30, 2021 (MLN): The Board of Directors of Pakistan Stock Exchange (PSX), in its meeting held on June 29, 2021, has resolved to form a wholly-owned subsidiary of PSX for the purpose of demerger of its real estate from its operations, instead of creating a sister concern owned by its shareholders.

Accordingly, PSX’s immovable properties and related arrangements will be transferred into a wholly-owned subsidiary (PropCo) against the issuance of shares of PropCo in favour of PSX through a Scheme of Arrangement under the relevant provisions of Companies Act, 2017, subject to requisite legal and regulatory approvals, including the shareholders' approvals in their meeting.

Copyright Mettis Link News

Posted on: 2021-06-30T09:53:00+05:00

41979

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.60000	278.80000	278.80000	278.60000	01:02 PM
2	EUR	1.07265	1.07268	1.07268	1.07265	08:38 AM
3	GBP	1.25190	1.25194	1.25194	1.25190	08:38 AM
4	CHF	0.91186	0.91192	0.91192	0.91186	08:38 AM
5	JPY	156.84600	156.85400	156.85400	156.84600	08:38 AM
6	CAD	1.36470	1.36477	1.36477	1.36470	08:38 AM
7	AUD	0.65475	0.65481	0.65481	0.65475	08:38 AM
8	INR	83.36270	83.36320	83.36320	83.36270	08:38 AM
9	SAR	3.75050	3.75070	3.75070	3.75050	05:38 PM
10	AED	3.67280	3.67300	3.67300	3.67280	05:38 PM
11	HKD	7.82842	7.82863	7.82863	7.82842	08:38 AM
12	CNH	7.26353	7.26366	7.26366	7.26353	08:38 AM
13	CNY	7.23930	7.24050	7.24050	7.23930	11:15 PM
14	THB	36.90900	36.94200	36.94200	36.90900	08:38 AM
15	MYR	4.76500	4.77000	4.77000	4.76500	04:58 AM
16	IDR	16,213.60000	16,239.00000	16,239.00000	16,213.60000	08:38 AM
17	SGD	1.36082	1.36091	1.36091	1.36082	08:38 AM
18	NZD	0.59572	0.59576	0.59576	0.59572	08:38 AM
19	MXN	17.15180	17.15680	17.15680	17.15180	08:38 AM
20	TRY	32.39930	32.40930	32.40930	32.39930	08:38 AM
21	SEK	10.89030	10.89190	10.89189	10.89031	08:38 AM
22	ZAR	18.80510	18.81000	18.81000	18.80510	08:38 AM
23	NOK	10.98920	10.99160	10.99159	10.98917	08:38 AM
24	DKK	6.95190	6.95290	6.95290	6.95190	08:38 AM
25	ARS	873.78200	873.79100	873.79086	873.78247	08:38 AM
26	BDT	108.01100	111.36500	111.36523	108.01142	07:19 AM
27	BHD	0.37703	0.37708	0.37708	0.37703	05:38 PM
28	BRL	5.13750	5.14050	5.14050	5.13750	08:38 AM
29	KRW	1,374.65000	1,376.84000	1,376.84000	1,374.65000	08:38 AM
30	KWD	0.30776	0.30796	0.30796	0.30776	05:38 PM
31	LKR	292.57900	299.10100	299.10051	292.57908	07:19 AM
32	OMR	0.38498	0.38503	0.38503	0.38498	05:38 PM
33	QAR	3.64600	3.64800	3.64800	3.64600	05:37 PM
34	RUB	92.27000	92.29000	92.29000	92.27000	08:00 PM
35	AFN	71.15810	73.02130	73.02133	71.15807	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:54 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,600.10000	12,665.30000	12,665.30340	12,600.09037	07:19 AM
40	PHP	57.63700	57.68500	57.68500	57.63700	08:38 AM
42	NGN	1,305.72000	1,306.72000	1,306.72000	1,305.72000	07:26 AM
43	KES	134.00000	136.00000	136.00000	134.00000	08:19 AM
44	AMD	388.08000	388.08000	388.08000	388.08000	08:16 AM
45	TWD	32.56780	32.59780	32.59780	32.56780	08:38 AM
46	XAU	2,348.19000	2,348.66000	2,348.66000	2,348.19000	08:37 AM
47	XAG	27.61540	27.62280	27.62280	27.61540	08:37 AM
48	XPT	920.30000	921.80000	921.25000	920.50000	05:37 PM
49	XPD	973.50000	978.50000	977.50000	973.75000	05:37 PM
2,120	VES	36.33200	36.42320	36.42315	36.33204	08:00 PM
2,212	UGX	3,770.25000	3,854.09000	3,854.09049	3,770.24515	07:19 AM
2,213	TZS	2,589.99000	2,590.01000	2,590.01500	2,589.98500	06:47 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	72,862.41	72,742.748	71,764.18	771.347	1.072	302,352,233.0	14,307,377,262.460	26/04/2024 05:12 PM
ALLSHR	47,721.89	47,489.465	47,040.09	314.510	0.667	540,778,150.0	22,562,380,076.020	26/04/2024 05:12 PM
KSE30	24,069.72	24,033.869	23,676.59	284.824	1.199	79,764,833.0	9,454,683,795.040	26/04/2024 05:12 PM
KMI30	122,624.63	122,414.850	120,539.93	1,511.894	1.251	130,473,781.0	8,715,975,575.960	26/04/2024 05:12 PM
KMIALLSHR	34,120.82	34,003.274	33,623.23	303.834	0.902	336,036,323.0	17,261,793,362.150	26/04/2024 05:12 PM
BKTi	18,098.00	18,061.700	17,783.46	189.341	1.059	12,829,416.0	1,502,941,695.300	26/04/2024 05:12 PM
OGTi	17,165.47	17,018.023	16,915.39	-13.038	-0.077	13,158,963.0	1,843,356,910.500	26/04/2024 05:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	64,810.0	65,390.0	64,510.0	-460.00
BRENT CRUDE	EB	89.7	89.8	89.0	0.64
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-0.70
ROTTERDAM COAL MONTHLY	ET	118.5	0.0	0.0	-0.05
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	84.3	84.5	83.6	0.71
SUGAR #11 WORLD	SB	19.4	19.6	19.0	0.27

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