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

PSX Closing Bell: Bulls Serenade The Bourse

UBL doubles profit to Rs65bn in 1HCY25

Ideal Spinning Mills to exit spinning business

Name	Price/Vol	%Chg/NChg
KSE100	134,299.77 290.06M	0.39% 517.42
ALLSHR	84,018.16 764.12M	0.48% 402.35
KSE30	40,814.29 132.59M	0.33% 132.52
KMI30	192,589.16 116.24M	0.49% 948.28
KMIALLSHR	56,072.25 387.69M	0.32% 180.74
BKTi	36,971.75 19.46M	-0.05% -16.94
OGTi	28,240.28 6.19M	0.21% 58.78

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	118,140.00	119,450.00 115,635.00	4270.00 3.75%
BRENT CRUDE	70.63	70.71 68.55	1.99 2.90%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	1.10 1.14%
ROTTERDAM COAL MONTHLY	108.75	108.75 108.75	0.40 0.37%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.75	68.77 66.50	2.18 3.27%
SUGAR #11 WORLD	16.56	16.60 16.20	0.30 1.85%