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

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

Add Mettisglobal as a Trusted Source on Google

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

Weekly Market Roundup

Pioneer Cement profit surges 73% to Rs2bn

Pakistan targets investment-led growth through sustained reforms

Name	Price/Vol	%Chg/NChg
KSE100	162,374.88 110.96M	-0.95% -1549.44
ALLSHR	98,620.11 386.58M	-0.91% -906.77
KSE30	47,823.16 51.47M	-1.02% -490.65
KMI30	232,733.99 57.93M	-1.23% -2903.19
KMIALLSHR	63,955.68 197.75M	-1.12% -727.41
BKTi	44,724.17 14.61M	-1.01% -457.04
OGTi	33,033.72 5.00M	-1.08% -361.88

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,090.00	81,450.00 80,040.00	-1115.00 -1.37%
BRENT CRUDE	117.38	117.45 112.74	4.21 3.72%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	-1.10 -0.85%
ROTTERDAM COAL MONTHLY	147.10	0.00 0.00	1.10 0.75%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	103.44	0.00 0.00	0.17 0.16%
SUGAR #11 WORLD	20.26	20.51 20.02	0.13 0.65%