Matco Foods explores capital options for corn starch division

10:51
November 26, 2024
MG

November 26, 2024 (MLN): The Board of Directors of Matco Foods Limited (PSX: MATCO) has approved the exploration and evaluation of strategic options to raise growth capital for its Corn Starch Division.

This initiative will be undertaken in a manner that best supports the company's ongoing operations, strategic investments, and expansion plans.

To facilitate this process, the company has engaged Bank Alfalah Limited as its financial advisor.

It is important to note that the agenda was approved by the board during its meeting held on November 25.

"We shall keep our shareholders updated with respect to the potential investment by making further announcements as and when the matter progresses," the company's notice to PSX reads.

Copyright Mettis Link News

Posted on: 2024-11-26T10:45:24+05:00

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PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	279.00000	279.05000	279.00000	278.70000	01:04 PM
2	EUR	1.02670	1.03000	1.03020	1.03000	12:33 PM
3	GBP	1.21780	1.21800	1.21780	1.21700	12:33 PM
4	CHF	0.91444	0.91493	0.91515	0.91493	12:55 PM
5	JPY	156.30000	156.33000	156.30000	156.30000	12:33 PM
6	CAD	1.44880	1.44930	1.44880	1.44890	12:33 PM
7	AUD	0.61860	0.61900	0.61900	0.61900	12:33 PM
8	INR	86.56900	86.58400	86.56900	86.58400	05:14 AM
9	SAR	3.75150	3.75250	3.75170	3.75220	03:51 AM
10	AED	3.67260	3.67360	0.00000	0.00000	02:57 AM
11	HKD	7.78520	7.78560	7.78560	7.78550	12:33 PM
12	CNH	7.34240	7.34440	7.34240	7.34440	05:14 AM
13	CNY	7.32490	7.32550	0.00000	0.00000	11:01 PM
14	THB	34.48600	34.53600	34.48600	34.53600	05:14 AM
15	MYR	4.50350	4.50850	4.50450	4.50190	07:00 PM
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18	NZD	0.50954	0.61100	0.55810	0.55860	11:40 AM
19	MXN	20.77690	20.80690	20.77690	20.80680	12:33 PM
20	TRY	35.43340	35.43740	35.43340	35.43740	05:14 AM
21	SEK	11.19030	11.19860	11.19220	11.19520	12:33 PM
22	ZAR	18.72763	18.75677	18.72763	18.75659	12:33 PM
23	NOK	11.44490	11.45090	11.44740	11.45090	12:33 PM
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26	BDT	119.75159	123.24487	119.75159	123.24487	05:14 AM
27	BHD	0.37682	0.37707	0.00000	0.00000	02:59 AM
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31	LKR	293.02799	299.82048	293.02799	299.82048	05:14 AM
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34	RUB	102.13963	102.14837	102.13963	102.14837	12:55 PM
35	AFN	72.38853	74.32924	72.38853	74.32924	05:14 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:33 AM
37	TMT	3.36000	3.66000	3.36000	3.65000	07:00 PM
38	MVR	15.26000	15.55000	15.26000	15.54000	07:00 PM
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42	NGN	1,552.85000	1,553.85000	1,560.12000	1,549.70000	07:00 PM
43	KES	128.03843	130.94949	128.03843	130.94949	05:14 AM
44	AMD	371.84028	430.06162	371.84028	430.06162	05:14 AM
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46	XAU	2,701.88000	2,704.52000	2,701.88000	2,704.52000	11:39 AM
47	XAG	30.31120	30.49380	30.31120	30.49380	11:39 AM
48	XPT	942.45000	946.95000	0.00000	0.00000	02:49 AM
49	XPD	947.50000	957.50000	0.00000	0.00000	02:49 AM
2,120	VES	55.04063	55.05402	55.04063	55.05402	12:55 PM
2,212	UGX	3,640.77434	3,728.10635	3,640.77434	3,728.10635	05:14 AM
2,213	TZS	2,481.39343	2,578.42899	2,481.39343	2,578.42899	05:14 AM

Data is delayed by 20 minutes

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Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	115,356.12	115,272.085	113,571.96	1,435.340	1.261	212,258,376.0	23,122,855,679.610	17/01/2025 04:50 PM
ALLSHR	71,618.45	71,553.932	70,672.56	782.724	1.106	549,117,485.0	35,922,698,576.750	17/01/2025 04:50 PM
KSE30	36,369.02	36,311.368	35,685.60	549.260	1.536	143,805,367.0	20,804,149,690.250	17/01/2025 04:50 PM
KMI30	178,112.62	177,300.986	173,965.44	2,821.876	1.617	172,755,539.0	19,891,990,793.730	17/01/2025 04:50 PM
KMIALLSHR	50,089.31	49,932.613	49,224.52	594.961	1.206	309,412,968.0	29,219,802,462.440	17/01/2025 04:50 PM
BKTi	26,241.51	26,218.669	25,762.99	398.827	1.545	6,529,569.0	1,674,160,554.580	17/01/2025 04:50 PM
OGTi	29,753.80	29,618.119	29,039.72	411.022	1.407	11,934,319.0	3,077,226,909.210	17/01/2025 04:50 PM

Data is delayed by 20 minutes

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Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	105,120.0	106,575.0	100,190.0	4,420.00
BRENT CRUDE	EB	80.7	81.9	80.5	-0.56
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USD RBD PALM OLEIN	POL	1,125.0	1,125.0	1,125.0	0.00
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SUGAR #11 WORLD	SB	18.2	18.5	18.0	-0.20