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 |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 70,580.00 | 71,690.00 60,005.00 | 6785.00 10.64% |
| BRENT CRUDE | 68.10 | 68.83 66.56 | 0.55 0.81% |
| RICHARDS BAY COAL MONTHLY | 96.00 | 96.00 96.00 | 1.50 1.59% |
| ROTTERDAM COAL MONTHLY | 102.75 | 103.25 101.30 | 2.25 2.24% |
| USD RBD PALM OLEIN | 1,071.50 | 1,071.50 1,071.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 63.50 | 64.58 62.20 | 0.21 0.33% |
| SUGAR #11 WORLD | 14.14 | 14.30 14.07 | -0.13 -0.91% |
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