TPL Properties sells three projects to TPL REIT Fund I

MG News | March 22, 2022 at 03:43 PM GMT+05:00

0:00

March 22, 2022 (MLN): The shareholders of TPL Properties have approved to sell three projects of the company to TPL REIT Fund I in lieu of units to hold a strategic shareholding of at least 35% in the REIT Fund, company’s filing on bourse showed today.

As per the notice, these three projects include; HKC (Private) Limited (One Hoshang), TPL Technology Zone Phase-1 (Private) Limited and National Management & Consultancy Services (Private) Limited (The Mangrove).

TPL REIT Fund I, is a fund established under TPL REIT Management Company Limited to specifically pool the investment in respect of certain projects.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	169,864.53 309.70M	0.77% 1289.83
ALLSHR	102,725.13 871.92M	0.54% 553.85
KSE30	51,670.42 144.06M	0.97% 495.07
KMI30	244,230.82 127.19M	0.88% 2126.86
KMIALLSHR	67,141.83 400.81M	0.66% 438.06
BKTi	45,511.25 34.21M	0.74% 335.27
OGTi	33,787.05 15.45M	0.86% 288.90

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	92,610.00	93,070.00 91,800.00	600.00 0.65%
BRENT CRUDE	61.10	61.86 61.00	-0.18 -0.29%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	1.00 1.11%
ROTTERDAM COAL MONTHLY	97.30	97.30 97.30	0.90 0.93%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	57.46	58.19 57.36	-0.14 -0.24%
SUGAR #11 WORLD	15.11	15.15 14.83	0.26 1.75%