Saturday, July 13, 2024
spot_img
HomeBusinessSSGC KA STRATEGIC MOVE: TRANSFORMATION OF SSGC LPG TO PUBLIC LIMITED COMPANY...

SSGC KA STRATEGIC MOVE: TRANSFORMATION OF SSGC LPG TO PUBLIC LIMITED COMPANY AND UPCOMING IPO

Karachi: Sui Southern Gas Company Limited (SSGCL) ka bara faisla jo kay SSGC LPG (Private) Limited ko aik Private Limited Company se Public Limited Company mein tabdeel karne ja rahi hai.

Resolution kay mutabiq SSGC LPG (Private) Limited ki status ko Private Limited se Public Limited Company mein tabdeel karne ka maqsad, future mein, jese ke munasib samjha jaye, is converted Company ke 33,333,333 Ordinary Shares ke issuance ke liye amal mein laaya jaye.”

Dusray resolution ke mutabiq, “Aur yeh decide aur manzoor hoa hai ke SSGC LPG (Private) Limited ke Board ne Company ko Pakistan Stock Exchange Limited (PSX) mein future listing ke liye sab zaroori qadam uthane ka manzoori de di hai, jese ke Companies Act, 2017, relevant Rules, SECP ke regulations aur Exchange ke Listing Regulations ke mutabiq.”

Aakhir mein liye gaye resolution ke mutabiq, Company Secretary/Deputy Managing Director (DMD, F&A)/CFO ko yeh ikhtiyar diya gaya hai ke woh akele ya joint tor par relevant regulatory bodies ko upar zikar kiye gaye resolutions ke mutaliq rasmi disclosure karnay ke liye wabasta ho saktay hain.

Ye faisla 5 December 2023 ko taarikh se markooz Circular Resolution ke zariye liya gaya. Ye faisla SSGC ke liye ek siyasi harkat ko darust karne ka tareeqa hai, jo ke IPO ke zariye shares ke issuance ka rasta dikhata hai, is company ke dhanchay aur mustaqbil ke izhar ke liye.

- Advertisment -spot_imgspot_imgspot_imgspot_img

Most Popular

×