Unity Foods sells 103,260,690 shares to Unity Wilmar Agro

By MG News | Category Equity | July 23, 2020 at 03:33 PM GMT+05:00

0:00

July 23, 2020 (MLN): The Chief Executive Officer of Unity Foods Limited, Mr. Muhammad Farrukh has on July 23, 2020, transferred 40,000,000 shares in the company, constituting approximately 7.35% of the shareholding interest in the company to Unity Wilmar Agro (Private) Limited for an aggregate price of Rs. 400 million.

Mr. Safdar Sajjad, the spouse of one of the Directors of the company, has on the same date sold and transferred 21,762,000 shares in the company, constituting 4% of the shareholding interest in the company to UWA for an aggregate consideration of Rs. 217.62 million.

The company has also received corresponding information from UWA that it has acquired 41,498,690 shares from Ms. Fehmida Amin, besides the 40,000,000 and 21,762,000 shares acquired from Mr. Muhammad Farrukh and Mr. Safdar Sajjad, respectively.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	121,641.00 407.56M	-0.13% -157.87
ALLSHR	75,951.71 854.04M	-0.10% -76.82
KSE30	36,827.89 67.82M	-0.42% -156.03
KMI30	181,199.42 117.76M	-0.38% -696.40
KMIALLSHR	52,088.08 592.55M	-0.27% -143.41
BKTi	29,808.04 22.21M	-0.83% -249.97
OGTi	27,075.99 4.68M	-0.75% -203.95

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	105,455.00	105,940.00 101,390.00	3240.00 3.17%
BRENT CRUDE	66.31	66.58 64.80	0.97 1.48%
RICHARDS BAY COAL MONTHLY	90.00	90.75 90.00	0.00 0.00%
ROTTERDAM COAL MONTHLY	101.80	102.40 101.00	1.25 1.24%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	64.49	64.72 62.82	1.12 1.77%
SUGAR #11 WORLD	16.38	16.59 16.32	-0.19 -1.15%