Treet Corporation announced to invest Rs 93.6 Mn in Loads Limited

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In a recent notification to the PSX, the Board of Directors meeting of Treet Corporation Limited was held on March 11, 2020. During the meeting, the company has decided to invest up to Rs. 93,694,498 in Loads Limited, being an associated undertaking, for subscribing, fully paid ordinary shares at par of PKR 10 each of Loads Limited through Right issuance.

The above mentioned matter will be taken up with the shareholders in the Extra-Ordinary General Meeting, which will be announced by the company later.