GGGL to invest Rs300mn in GCIL

MG News | November 03, 2022 at 01:13 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

November 03, 2022 (MLN): The shareholders of Ghani Global Glass Limited (GGGL) on Thursday approved to make the investment of up to Rs300 million in Ghani Chemical Industries Limited (GCIL) an associated company, by way of advances and loans, as and when required by GCIL.

The return on such advances and loans shall not be less than the rate of 3 months KIBOR +85 bps and must be repayable within three years period starting from the date of payment.

Copyright Mettis Link News

Related News

K-Electric flags possible night-time power cuts amid RLNG disruptions

Weekly Market Roundup

PSHL acquires 25.42% stake in Asia Insurance

Name	Price/Vol	%Chg/NChg
KSE100	167,089.28 109.91M	-0.21% -352.63
ALLSHR	101,117.40 308.32M	-0.15% -155.10
KSE30	49,841.71 50.59M	-0.28% -142.15
KMI30	240,372.43 78.75M	-0.02% -45.72
KMIALLSHR	65,518.16 188.07M	-0.05% -35.70
BKTi	46,228.77 7.60M	-0.60% -281.04
OGTi	33,974.66 4.20M	-0.27% -91.31

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	83,265.00	83,300.00 82,645.00	795.00 0.96%
BRENT CRUDE	104.54	105.09 102.33	0.26 0.25%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	0.75 0.59%
ROTTERDAM COAL MONTHLY	143.40	143.40 143.40	-1.15 -0.80%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	91.66	92.17 90.01	0.17 0.19%
SUGAR #11 WORLD	20.27	20.44 20.09	0.12 0.60%