MPS Preview: High for Longer

TPL Insurance to acquire major player in Pakistani market through amalgamation

14:29
April 26, 2023
MG

April 26, 2023 (MLN): The Board of Directors (BoD) of TPL Insurance Limited (TPLI), a subsidiary of TPL Corp Limited on Wednesday approved the acquisition of operations of a significant insurance player in the Pakistani market by means of a scheme of amalgamation to be sanctioned through the High Court, the company's filing on PSX showed today.

Upon sanctioning of the scheme of the arrangement, the net assets of the Target Company shall stand merged into the TPLI, it added.

It is expected that the scheme of arrangement shall be sanctioned and the transaction consummated by December 31, 2023.

The company shall keep the shareholders apprised of all further developments in the said transaction, the notice read.

Copyright Mettis Link News

Posted on: 2023-04-26T14:24:12+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.60000	278.80000	278.80000	278.60000	01:02 PM
2	EUR	1.06950	1.06980	1.06980	1.06950	03:45 AM
3	GBP	1.24840	1.24860	1.24860	1.24840	03:45 AM
4	CHF	0.90382	0.90429	0.90429	0.90382	03:54 AM
5	JPY	158.09000	158.10000	158.10000	158.09000	03:45 AM
6	CAD	1.36780	1.36830	1.36830	1.36780	03:45 AM
7	AUD	0.65320	0.65360	0.65360	0.65320	03:45 AM
8	INR	83.40270	83.40320	83.40320	83.40270	08:00 PM
9	SAR	3.75050	3.75070	3.75070	3.75050	05:00 PM
10	AED	3.67240	3.67340	3.67340	3.67240	01:59 AM
11	HKD	7.82830	7.82840	7.82840	7.82830	03:45 AM
12	CNH	7.26210	7.26410	7.26410	7.26210	02:57 AM
13	CNY	7.24640	7.24650	7.24650	7.24640	09:11 PM
14	THB	36.99000	37.04000	37.04000	36.99000	02:57 AM
15	MYR	4.76500	4.77000	4.77000	4.76500	08:00 PM
16	IDR	16,232.20000	16,250.40000	16,250.40000	16,232.20000	08:57 PM
17	SGD	1.36210	1.36310	1.36310	1.36210	03:45 AM
18	NZD	0.59360	0.59420	0.59420	0.59360	03:40 AM
19	MXN	17.14510	17.17510	17.17510	17.14510	03:45 AM
20	TRY	32.50600	32.51000	32.51000	32.50600	02:57 AM
21	SEK	10.76040	11.01820	11.01815	10.76041	03:45 AM
22	ZAR	18.60010	18.96010	18.96015	18.60009	03:45 AM
23	NOK	11.03580	11.04180	11.04180	11.03580	03:45 AM
24	DKK	6.97030	6.97130	6.97130	6.97030	03:40 AM
25	ARS	875.82900	875.97800	875.97823	875.82872	03:54 AM
26	BDT	108.34000	111.70400	111.70397	108.33995	02:57 AM
27	BHD	0.37698	0.37713	0.37713	0.37698	06:54 PM
28	BRL	5.14872	5.19544	5.19544	5.14872	02:57 AM
29	KRW	1,376.43000	1,379.75000	1,379.75000	1,376.43000	08:57 PM
30	KWD	0.30808	0.30818	0.30818	0.30808	01:03 AM
31	LKR	293.46400	300.00500	300.00467	293.46353	02:57 AM
32	OMR	0.38476	0.38526	0.38526	0.38476	01:58 AM
33	QAR	3.64600	3.64800	3.64800	3.64600	01:59 AM
34	RUB	92.27000	92.29000	92.29000	92.27000	08:00 PM
35	AFN	71.37320	73.24210	73.24207	71.37317	02:57 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:54 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,638.40000	12,703.80000	12,703.82657	12,638.41518	02:57 AM
40	PHP	57.51700	57.76000	57.76000	57.51700	08:00 PM
42	NGN	1,305.72000	1,306.72000	1,306.72000	1,305.72000	08:00 PM
43	KES	131.42100	134.22400	134.22417	131.42083	02:57 AM
44	AMD	361.53800	417.60500	417.60501	361.53810	02:57 AM
45	TWD	32.58800	32.61800	32.61800	32.58800	08:57 PM
46	XAU	2,337.48000	2,338.39000	2,338.39000	2,337.48000	02:32 AM
47	XAG	27.15820	27.20580	27.20580	27.15820	02:32 AM
48	XPT	915.55000	917.95000	917.95000	915.55000	01:59 AM
49	XPD	954.21200	962.02800	962.02800	954.21200	02:00 AM
2,120	VES	36.33200	36.42320	36.42315	36.33204	08:00 PM
2,212	UGX	3,781.71000	3,865.81000	3,865.81320	3,781.71284	02:57 AM
2,213	TZS	2,549.64000	2,643.09000	2,643.08742	2,549.64257	02:57 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	72,862.41	72,742.748	71,764.18	771.347	1.072	302,352,233.0	14,307,377,262.460	26/04/2024 05:12 PM
ALLSHR	47,721.89	47,489.465	47,040.09	314.510	0.667	540,778,150.0	22,562,380,076.020	26/04/2024 05:12 PM
KSE30	24,069.72	24,033.869	23,676.59	284.824	1.199	79,764,833.0	9,454,683,795.040	26/04/2024 05:12 PM
KMI30	122,624.63	122,414.850	120,539.93	1,511.894	1.251	130,473,781.0	8,715,975,575.960	26/04/2024 05:12 PM
KMIALLSHR	34,120.82	34,003.274	33,623.23	303.834	0.902	336,036,323.0	17,261,793,362.150	26/04/2024 05:12 PM
BKTi	18,098.00	18,061.700	17,783.46	189.341	1.059	12,829,416.0	1,502,941,695.300	26/04/2024 05:12 PM
OGTi	17,165.47	17,018.023	16,915.39	-13.038	-0.077	13,158,963.0	1,843,356,910.500	26/04/2024 05:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	64,530.0	65,395.0	63,775.0	-740.00
BRENT CRUDE	EB	89.3	89.8	88.8	0.32
RICHARDS BAY COAL MONTHLY	EF	106.5	0.0	0.0	-0.25
ROTTERDAM COAL MONTHLY	ET	106.3	111.3	106.0	-5.60
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	83.7	84.5	83.4	0.09
SUGAR #11 WORLD	SB	19.1	19.6	19.0	-0.04

To see more commodities please register for our portal

Top 5 things to watch in this week

Charts

KSE100 (Last)

KSE100 (Volume)

KSE100 (Last)

KSE100 (Volume)

MPS Preview: High for Longer

Trending :

TPL Insurance to acquire major player in Pakistani market through amalgamation

Top 5 things to watch in this week

Charts

Stay Connected

Read Next

PKR loses 4 paisa against USD

Shell Pakistan acquisition by Wafi Energy Holding faces delay

TREET’s profit surge over 66% in 3QFY24 on stronger other income

GDP expected to grow 2.6% in FY24 as agriculture, industry efficiency improves: FM