Karachi July 6 2022: New Future Consumer International General Trading LLC submit a Public Announcement of Intention (“PAI”) to acquire more than 51% shares and control of ZIL Limited.
The acquirer is a company incorporated in United Arab Emirates with some of the areas of business include portfolio investment within the Fast Moving Consumers Good segment internationally.
ZIL Limited was incorporated as a private limited company in February 1960 under the Companies Act, 1913 (now the Companies Act, 2017) and was subsequently converted into a public limited company in November 1986. The principal activity of the Company is manufacture and sale of home and personal care products.