Karachi May 31 2022: Ghani Global Holdings Limited informed that arrangement has been made with Dadabhoy Sack Limited (DBSL) to provide technical and financial support, seeking collaborating partners and to set-up the online shopping i.e. e-Commerce business (“e- Commerce”) within DBSL.
Setting up of e-Commerce can either be setting up of the said business as a green-field project or to buy (with full rights) the e-Commerce business from the collaborating partners. Modalities and formal agreement will be finalized in due course of time and Ghani Global Holdings Limited and/or its associates may invest in the DBSL’s future right issue (as per their “Revival Business Plan”) up to 30% i.e. up to 45,000,000 shares (out of the unsubscribed portion).