Universal Network receives offer from a fintech to acquire 20% shares

Nilam Bano | November 28, 2022 at 10:59 AM GMT+05:00

0:00

November 27, 2022 (MLN): Universal Network Systems Limited (PSX: GEMUNSL) has received an offer from a Fintech company for the acquisition of its 20% stake holding, the company informed through a notification to exchange on Monday.

The offeror will commence due diligence and the company will keep the shareholders informed of the development, subject to the successful completion of the due diligence process, it added.

Copyright Mettis Link News

Related News

MTL expands Africa footprint with new export deal

PSX posts one of its strongest years on record

PSX Closing Bell: A Minor Setback

Name	Price/Vol	%Chg/NChg
KSE100	171,669.22 43.30M	0.27% 465.04
ALLSHR	103,525.02 134.80M	0.19% 198.56
KSE30	52,465.10 14.62M	0.27% 141.52
KMI30	245,107.20 11.77M	0.15% 373.47
KMIALLSHR	67,295.85 58.02M	0.20% 131.27
BKTi	47,501.26 8.90M	0.71% 335.81
OGTi	33,344.42 0.49M	0.04% 14.76

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	88,090.00	88,980.00 87,725.00	-300.00 -0.34%
BRENT CRUDE	62.00	62.08 61.92	-0.07 -0.11%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	2.30 2.59%
ROTTERDAM COAL MONTHLY	96.90	0.00 0.00	0.30 0.31%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	57.91	57.99 57.79	-0.10 -0.17%
SUGAR #11 WORLD	15.00	15.09 14.83	0.18 1.21%