SRVI approves investment worth Rs50om in Service Retail

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

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

TRG case files stolen en route to Islamabad

PSX Closing Bell: On the Rise

MTL expected to climb to Rs650/share by Dec 2025

Name	Price/Vol	%Chg/NChg
KSE100	136,379.97 273.10M	0.32% 440.10
ALLSHR	84,648.35 701.94M	0.06% 47.97
KSE30	41,546.23 70.12M	0.42% 172.55
KMI30	191,719.76 71.30M	0.34% 649.79
KMIALLSHR	55,827.74 371.98M	0.16% 89.67
BKTi	37,827.61 18.93M	-1.72% -662.14
OGTi	27,670.67 7.41M	-0.42% -117.47

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	118,635.00	119,915.00 118,035.00	-995.00 -0.83%
BRENT CRUDE	68.75	69.01 68.74	0.23 0.34%
RICHARDS BAY COAL MONTHLY	96.50	0.00 0.00	1.80 1.90%
ROTTERDAM COAL MONTHLY	104.50	0.00 0.00	-1.05 -0.99%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.69	66.99 66.58	0.31 0.47%
SUGAR #11 WORLD	16.55	16.67 16.40	-0.01 -0.06%