glpl News
GLPL's sponsors accept PSX-set Rs700 buyback price
Gillette Pakistan Limited (PSX: GLPL) has moved a step closer to its voluntary de-listing from the Pakistan Stock Exchange after the majority shareholder/sponsor accepted the purchase of ordinary shares at a PSX-determined buy-back price of Rs700 per share.
Go to article PSX sets minimum buyback price of Rs700/share for Gillette
Gillette Pakistan Limited's (PSX:GLPL) voluntary delisting application has been reviewed by the Voluntary Delisting Committee (VDC) of the Pakistan Stock Exchange, with the committee setting a minimum buyback price significantly higher than the sponsor's offer.
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Gillette Pakistan Board approves delisting from PSX
In a major corporate development, Gillette Pakistan Limited has announced plans to wind up its operations in Pakistan, following a decision by its parent company, Procter & Gamble (P&G), to discontinue business in the country as part of a global restructuring program.
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| Symbol | Bid/Ask | High/Low |
|---|
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|---|---|---|---|
| BITCOIN FUTURES | 68,400.00 | 71,645.00 67,860.00 | -3130.00 -4.38% |
| BRENT CRUDE | 93.32 | 94.64 83.16 | 7.91 9.26% |
| RICHARDS BAY COAL MONTHLY | 99.40 | 0.00 0.00 | -11.85 -10.65% |
| ROTTERDAM COAL MONTHLY | 127.00 | 129.00 123.00 | 3.55 2.88% |
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| CRUDE OIL - WTI | 91.27 | 92.61 78.24 | 10.26 12.67% |
| SUGAR #11 WORLD | 14.09 | 14.17 13.69 | 0.37 2.70% |
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