Tue, 21-Oct-2025

Modaraba Al Mali to support YOUW revival plan

modaraba

KARACHI: Modaraba Al Mali (MODAM) has made arrangements with Yousaf Weaving Mills Limited (YOUW) to provide support to revive and rehabilitate the company, a bourse filing said on Monday. “MODAM and its associates may invest in the YOUW’s right issue up to 10 per cent i.e., up to 10 million shares (out of unsubscribed portion). … Read more

Modaraba firm to merge with Pak-Brunei Investment Company

Pak-Brunei

KARACHI: The board of directors of Awwal Modaraba Management Company has approved the merger with a subsidiary of Pak-Brunei Investment Company Limited (PBICL), a bourse filing said on Thursday. The company will merge with the corporate restructuring company (CRC), which is to be established by PBICL as its wholly-owned subsidiary, it added. Awwal Modaraba Management … Read more