Saif Holdings approves 46mn shares as dividend to shareholders

MG News | May 13, 2022 at 12:32 PM GMT+05:00

0:00

May 13, 2022 (MLN): The shareholders of Saif Holdings Limited (SHL), an associated company of Saif Power Limited (SPWL) have approved the distribution of 46,111,748 numbers of ordinary shares as dividend in kind to SHL shareholders which are 11.93% of SPWL paid-up capital, the notice to PSX on Friday showed.

After the transfer of the above shares of SPWL by SHL to its shareholders, SHL's shareholding in SPWL will decrease to 23.01%.

Copyright Mettis Link News

Related News

PSX Closing Bell: Another One Bites the High

VIS reaffirms entity ratings of At-Tahur Ltd

OGDC leads State-Owned firms in H1 FY25 profits

Name	Price/Vol	%Chg/NChg
KSE100	136,502.54 259.91M	1.64% 2202.77
ALLSHR	85,079.90 838.35M	1.26% 1061.74
KSE30	41,552.62 97.27M	1.81% 738.33
KMI30	193,330.76 84.69M	0.39% 741.60
KMIALLSHR	56,315.31 366.02M	0.43% 243.06
BKTi	38,498.08 37.91M	4.13% 1526.33
OGTi	28,138.38 5.66M	-0.36% -101.89

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	120,080.00	123,615.00 118,675.00	1550.00 1.31%
BRENT CRUDE	69.15	71.53 69.08	-1.21 -1.72%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.25 0.26%
ROTTERDAM COAL MONTHLY	106.50	106.60 106.50	-2.20 -2.02%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.90	69.65 66.84	-1.55 -2.26%
SUGAR #11 WORLD	16.31	16.67 16.27	-0.26 -1.57%