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Wilmar To Subscribe The Unsubscribed Right Shares Of Unity Foods: PSX

The  Board of Directors of Unity Foods Limited has  decided  to  offer  and  subsequently  allot  64,065,723 unsubscribed  shares  to  Wilmar  Pakistan  Holdings  Pte  Limited 

admin-augaf by admin-augaf
January 28, 2022
in Business
Reading Time: 2 mins read
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Wilmar To Subscribe The Unsubscribed Right Shares Of Unity Foods: PSX

Unity Foods 32 Percent Right Remained Unsubscribed: PSX

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Karachi January 28 2022: Unity Foods Limited has received subscription  in  the  amount  of PKR 3,670 million  in respect  of  the   Right   Issue   of  the   Company   in  the   aggregate   amount  of  PKR 5,400 million constituting  200 million  shares  at  PKR  27/-  per  share  inclusive  of  a premium  of  PKR  17/-  per  share  by  the  bankers  to  the  Rights  issue.

The  Board of Directors of Unity Foods Limited has  decided  to  offer  and  subsequently  allot  64,065,723 unsubscribed  shares  to  Wilmar  Pakistan  Holdings  Pte  Limited  and  Wilmar  Pakistan Holdings  Pte  Limited  has  agreed  to  subscribe  to  the  same.

SubscribersNumber of Right SharesAmount (PKR)
Directors87423,598
Substantial Shareholders111,856,5233,020,126,121
General Public and others24,076,886650,075,760
Total subscription received upto January 2021135,934,2773,670,225,479
Unsubscribed right shares on the last day64,065,7231,729,774,521
Total Right Issue200,000,0005,400,000,000

Source: Pakistan Stock Exchange

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Tags: RIGHTSubscriptionUnityUnity FoodsWilmar  Pakistan Holdings  Pte  Limited
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