Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

GGGL to invest Rs300mn in GCIL

GCIL utilizes Rs1.91bn right issue amount against Rs2.56bn allocation
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

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

Posted on: 2022-11-03T13:13:35+05:00