Voluntary wind up of Nishat UK Ltd on cards

MG News | February 26, 2019 at 04:18 PM GMT+05:00

0:00

February 26, 2019 (MLN): The Board of Directors of Nishat Mills Limited in its meeting held on February 26 i.e. today, has decided to voluntarily wind up Nishat UK (Pvt.) Limited, a wholly owned subsidiary of Nishat International FZE (a wholly owned subsidiary of the company) to be dissolved under the laws of United Kingdom.

The Board also decided to make further equity investment of up to Rs. 200 million in Nishat Hotels and Properties Limited, an associated company, subject to the approval of company’s shareholders.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	171,073.73 239.25M	-0.08% -130.44
ALLSHR	103,120.18 648.63M	-0.20% -206.29
KSE30	52,237.50 75.59M	-0.16% -86.08
KMI30	243,705.75 64.55M	-0.42% -1027.98
KMIALLSHR	66,920.67 287.33M	-0.36% -243.91
BKTi	47,435.09 35.67M	0.57% 269.64
OGTi	33,136.01 4.63M	-0.58% -193.65

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	87,685.00	88,980.00 87,000.00	-705.00 -0.80%
BRENT CRUDE	61.94	62.29 61.82	-0.13 -0.21%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	2.30 2.59%
ROTTERDAM COAL MONTHLY	96.65	96.65 96.65	0.25 0.26%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	57.94	58.23 57.76	-0.07 -0.12%
SUGAR #11 WORLD	15.06	15.11 14.96	0.07 0.47%