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.
TRG Pakistan Limited (TRG), through its associate TRG International, holds significant stakes in two key…
Headline inflation is expected to reach approximately 12.66% in June 2024, compared to 11.76% in…
Pakistan Aluminium Beverage Cans Limited (PABC) has announced that it achieves AA- long term rating.
Ismail Industries Limited (ISIL) announced that it is to begin the regulatory process for Abu…
the average industry Gross Refining Margin (GRM) is expected to be around $3.8 per barrel.
Unity Foods Limited (UNITY) reported a transaction by a non-executive director.