December 05, 2023 (MLN): The Competition Commission of Pakistan (CCP) has authorized the proposed merger transaction of First UDL Modaraba (PSX: FUDLM) with and into UDL International Limited, as revealed in FUDLM’s filing on PSX today.
FUDLM is a perpetual, multipurpose, and multidimensional Modaraba that provides finance under Murabaha and Musharakah arrangements, Ijarah, commodity trading, and trading in listed and non-interest-bearing securities.
At the time of writing, the company's share is being traded at Rs7.8, up by 41 paisa or 5.55% compared to its previous close.
Copyright Mettis Link News
Posted on:2023-12-05T11:51:36+05:00
41906
