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Home Business

Share Purchase Agreement Executed Between GAZPAK And Landmark Spinning Sponsor

Stock gains 38.6 percent since January 2021

admin-augaf by admin-augaf
September 10, 2021
in Business
Reading Time: 1 min read
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PSX Notifies change in DFC

PSX Notifies change in DFC

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Karachi July 16 2021: Share Purchase Agreement is executed between Sponsors of Landmark Spinning Industries Limited (LMSL) and M/S GAZPAK (Pivet) Limited.

Sponsors of LMSL collectively holds 6.9 million or 57.9 percent ordinary shares of the company. Currently, the company is in the defaulter segment of Pakistan Stock Exchange.


A L S O || R E A D

SBP waived Debt Burden Ratio For Informal Income Housing Loan Applicants


Earlier in March 2021, LMSL had received a pubic notice of public announcement of intention from potential acquirer, whereby the acquirer has expressed his intention to acquire more than 51 percent of the company's paid up capital.

admin-augaf

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