Voluntary wind up of Nishat UK Ltd on cards

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

Add Mettisglobal as a Trusted Source on Google

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	175,802.79 267.06M	-1.30% -2320.78
ALLSHR	106,568.29 617.78M	-1.25% -1352.24
KSE30	52,497.68 83.82M	-1.25% -665.92
KMI30	247,323.37 106.69M	-1.37% -3422.76
KMIALLSHR	68,315.26 363.70M	-1.37% -952.13
BKTi	49,936.11 23.35M	-1.18% -594.28
OGTi	34,758.02 9.23M	-1.71% -605.59

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,950.00	65,235.00 63,980.00	680.00 1.06%
BRENT CRUDE	90.46	91.42 89.10	2.36 2.68%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.25 -1.17%
ROTTERDAM COAL MONTHLY	119.80	0.00 0.00	0.10 0.08%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	83.66	84.60 82.88	1.88 2.30%
SUGAR #11 WORLD	14.82	0.00 0.00	-0.01 -0.07%