SRVI approves investment worth Rs50om in Service Retail

MG News | December 27, 2024 at 01:13 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

December 27, 2024 (MLN): The Board of Directors of Service Industries Limited (PSX: SRVI) has approved a long-term equity investment of Rs500 million in its wholly owned subsidiary, Service Retail (Private) Limited.

The investment will be made through the subscription of 50 million fully paid ordinary right shares at a par value of Rs10 each.

SRVI's principal activities include the purchase, manufacture and sale of footwear, tyres tubes and technical rubber products.

Copyright Mettis Link News

Related News

Zuma Resources approves 1:5 share split, sets up gaming arm

PSX Closing Bell: Reaching for the Stars

PIBTL target price set at Rs23 amid earnings turnaround

Name	Price/Vol	%Chg/NChg
KSE100	179,571.27 436.67M	1.06% 1878.35
ALLSHR	108,600.94 844.23M	1.00% 1073.54
KSE30	53,548.42 162.02M	0.99% 525.53
KMI30	256,725.70 154.74M	0.76% 1936.43
KMIALLSHR	70,620.69 563.61M	0.98% 683.55
BKTi	48,625.03 36.31M	1.37% 658.39
OGTi	37,179.52 8.29M	0.94% 345.85

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	61,585.00	61,900.00 60,590.00	1750.00 2.92%
BRENT CRUDE	72.78	73.51 72.06	-0.96 -1.30%
RICHARDS BAY COAL MONTHLY	115.00	0.00 0.00	0.50 0.44%
ROTTERDAM COAL MONTHLY	126.50	0.00 0.00	0.60 0.48%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	69.61	70.21 68.90	-0.73 -1.04%
SUGAR #11 WORLD	14.05	14.08 13.86	0.03 0.21%