SSGC, SNGPL sign MoU to improve Meter Manufacturing Plant efficiency

MG News | November 22, 2021 at 10:24 AM GMT+05:00
November 22, 2021 (MLN): Sui Southern Gas Company Limited (SSGC) and Sui Northern Gas Pipelines Limited (SNGPL) have signed a Memorandum of Understanding (MoU) to form a joint venture (JV) arrangement related to SSGC's Meter Manufacturing Plant (MMP) to improve business sustainability of the plant.
In a notice issued by SSGC to Pakistan Stock Exchange (PSX) on Monday, the memorandum has been inked for reviewing the provision of a mutually acceptable framework for future cooperation and collaboration.
Earlier on Nov 12, 2021, the board of directors of SNGPL gave conceptual approval to engage the services of a transaction advisory firm for initiation of a detailed technical, financial, commercial, legal, and regulatory due diligence of MMP owned by SSGC.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 139,967.55 58.37M | 1.12% 1555.30 |
ALLSHR | 86,683.43 129.18M | 1.14% 980.47 |
KSE30 | 42,770.87 34.02M | 1.22% 516.03 |
KMI30 | 197,280.89 37.46M | 1.63% 3171.29 |
KMIALLSHR | 57,560.95 64.63M | 1.49% 847.28 |
BKTi | 38,075.33 3.53M | 0.65% 243.99 |
OGTi | 28,416.10 16.48M | 3.55% 975.47 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 119,345.00 | 119,430.00 117,905.00 | 1725.00 1.47% |
BRENT CRUDE | 72.23 | 72.82 72.19 | -1.01 -1.38% |
RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 | 2.20 2.33% |
ROTTERDAM COAL MONTHLY | 104.50 | 104.50 104.50 | -0.30 -0.29% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 | 0.00 0.00% |
CRUDE OIL - WTI | 69.85 | 70.41 69.83 | -0.15 -0.21% |
SUGAR #11 WORLD | 16.46 | 16.58 16.37 | -0.13 -0.78% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|