Categories: Material Information

UNITY Foods: Acquisition of 23.20% Shares and Take overs

In a notification sent to the PSX on 21/03/2024. UNITY foods Ltd has received firm intention from acquirers to take over 23.20% of its shares and joint control of the company. The acquirers include (1). Wilmer Pakistan Holdings pte Ltd, (2). Unity Wilmer Agro, (3).Mr MUhammad Farrukh and (4).Miss Fehmida Amin.

The shares of Unity were trading at Rs. 24.00 at market close today.

Aamir Hayat

Recent Posts

Shifa International (SHFA) has returned 150% in two months, will the rally continue?

Shifa International (SHFA) has already rallied 150%, but there is still more upside to the…

2 weeks ago

HUBC’s base plant expiry: What is next for the power giant?

The closure of the Hub Power Company Limited (HUBC) plant marks a significant shift in…

2 months ago

How well did Fatima Fertiliser perform in 2QCY24?

Fatima's 2QCY24 financial performance reflects a challenging quarter, marked by a significant decline in profitability…

3 months ago

How is HMB handling financial challenges to grow?

Habib Metropolitan Bank Limited (HMB) recently released its second-quarter results for 2024, revealing a mixed…

3 months ago

How does MARI and POL reserve life compare?

In the oil and gas sector, the longevity of reserves is a critical measure of…

3 months ago

Is Cherat Cement poised for growth?

Cherat Cement Company Limited (CHCC) has recently released its financial results for the fourth quarter…

3 months ago