Share purchase agreement for Globe Textile Mills executed

MG News | July 27, 2018 at 03:57 PM GMT+05:00

0:00

On July 27^th 2018, Globle Textile Mills notified PSX that Mr.Arif Haji Habib, Ms. Farzana Arif, Ms. Misbah Arif, Mr. Arshad Arif, Ms. Maheen Arif, Ms. Saman Arif and Ms. Humaira Arshad, shareholders of Globe textile Mills Limited, have entered into a Share Purchase Agreement with OBS Pakistan (Private) Limited for sale of their 13,417,306 ordinary shares constituting to 81.98% of the total issued and paid up share capital of the Company at a price of PKR 4.68 per share.

PSX notification.

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