Sapphire Fibres acquires 50% stake in UCH Power & UCH-II Power

MG News | April 16, 2025 at 10:21 AM GMT+05:00

0:00

April 16, 2025 (MLN): Sapphire Fibres Limited (PSX: SFL) has executed the transaction for the acquisition of 50% shares of UCH Power (Private) Limited, previously owned by UPLHC I Limited and UPLHC II Limited.

Additionally, the company has acquired 50% shares of UCH-II Power (Private) Limited, which were owned by International Power UCH Holdings B.V, the company's filing on PSX revealed today.

The transfer of shares in the name of Sapphire Fibres Limited is also being executed.

Copyright Mettis Link News

Related News

NETSOL inks Rs500mn deal with KP govt to drive Paperless Transformation

PSX opens trading accounts for minors

AGTL wins major legal victory, Rs40m penalty overturned

Name	Price/Vol	%Chg/NChg
KSE100	159,592.91 216.91M	0.31% 496.12
ALLSHR	97,116.33 768.06M	0.46% 445.03
KSE30	48,297.58 106.33M	0.31% 148.84
KMI30	228,607.02 68.07M	0.59% 1329.76
KMIALLSHR	63,247.23 258.39M	0.62% 387.33
BKTi	44,604.42 43.32M	0.63% 277.31
OGTi	30,819.67 8.30M	0.93% 283.08

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	104,160.00	104,220.00 99,425.00	2950.00 2.91%
BRENT CRUDE	63.70	64.39 63.23	0.32 0.50%
RICHARDS BAY COAL MONTHLY	87.25	0.00 0.00	0.10 0.11%
ROTTERDAM COAL MONTHLY	96.75	96.75 96.75	-0.20 -0.21%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	59.84	60.46 59.32	0.41 0.69%
SUGAR #11 WORLD	14.13	14.37 14.07	-0.06 -0.42%