In a latest notification tt he PSX, Loads Limited (PSX: LOADS) announced to invest in its subsidiary companies. The Board of Directors meeting of Loads Limited was held today in which the company decided to make the following investments in associated companies, subject to the approval of the shareholders.
- Hi-Tech Alloy Wheels Limited: Rs. 3 Bn
- Specialized Autoparts Industries (Private) Limited: Rs. 350 Mn
- Multiple Autoparts Industries (Private) Limited: Rs. 150 Mn
- Specialized Motorcycles (Private) Limited: Rs. 50 Mn