In a notification sent to PSX on 2/06/2024, MANDVIWALLA MAUSER PLASTIC INDUSTRIES LIMITED (MWMP) announces the targeted 74.41% share acquisition by MESKAY & FEMTEE.
It is hereby informed that MANDVIWALLA MAUSER PLASTIC INDUSTRIES LIMITED) has received firm intention from MESKAY & FEMTEE TRADING COMPANY (PRIVATE) LIMITED to acquire control or 21,391,485 voting shares (74.41%age of paid-up capital) of the MANDVIWALLA MAUSER PLASTIC INDUSTRIES LIMITED, beyond the thresholds prescribed under section 111 of the Act. This intention has been notified to the board of directors of the MANDVIWALLA MAUSER PLASTIC INDUSTRIES LIMITED on 12 June 2024; The securities exchange is requested to make the above information immediately available to the shareholders of Target Company under regulation 5(1), by placing it on the notice board and through notification on the automated information system and make an announcement on the house of the exchange.
MWMP shares were last trading at Rs 8.39 today.
Shifa International (SHFA) has already rallied 150%, but there is still more upside to the…
The closure of the Hub Power Company Limited (HUBC) plant marks a significant shift in…
Fatima's 2QCY24 financial performance reflects a challenging quarter, marked by a significant decline in profitability…
Habib Metropolitan Bank Limited (HMB) recently released its second-quarter results for 2024, revealing a mixed…
In the oil and gas sector, the longevity of reserves is a critical measure of…
Cherat Cement Company Limited (CHCC) has recently released its financial results for the fourth quarter…