{"id":3653,"date":"2024-04-04T08:21:43","date_gmt":"2024-04-04T08:21:43","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=3653"},"modified":"2024-04-08T08:24:13","modified_gmt":"2024-04-08T08:24:13","slug":"pael-approves-foreign-subsidiary","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/pael-approves-foreign-subsidiary\/","title":{"rendered":"PAEL gives approval for foreign subsidiary in UAE"},"content":{"rendered":"\n<p>In a notification sent to PSX on 04\/04\/2024, Pak Elektron Limited (PAEL) has announced that the board approved thee planned UAE subsidiary for trade expansion.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>The Board of Directors of PAK ELEKTRON LIMITED in its meeting held on April 04, 2024<br>has accorded its approval for incorporation of a <strong>wholly owned foreign subsidiary<\/strong> in the<br><strong>UAE<\/strong>, subject to all applicable regulatory approvals.<br>The subsidiary will be primarily engaged in <strong>commercial trading<\/strong> with import, export,<br>distribution and warehousing as its ancillary activities.<br>Pursuant to the requirements of the Securities Act, 2015, the Company has duly caused<br>this form\/statement to be signed on its behalf by the undersigned hereunto duly<br>authorized.<\/p>\n<\/blockquote>\n\n\n\n<p>The shares of PAEL were trading at <strong>Rs. 22.32<\/strong> today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pak Elektron Limited (PAEL) has announced that the board approved UAE subsidiary for trade expansion.<\/p>\n","protected":false},"author":11,"featured_media":3654,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[152],"tags":[157],"class_list":["post-3653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-material-information","tag-pael"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/PAEL-Material-Information-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/PAEL-Material-Information-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/PAEL-Material-Information-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/PAEL-Material-Information.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/3653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=3653"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/3653\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/3654"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=3653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=3653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=3653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}