KARACHI: The Jubilee Life Insurance Company Limited on Friday disclosed that it sold 355,000 ordinary shares on January 9, 2020 of M/s Highnoon Laboratories Limited at the rate of Rs. 535.01 per share.
The company notified the disclosure on the Pakistan Stock Exchange website, saying that it is doing so in pursuant to Section 110 of the Securities Act, 2015 & PSX Rule Book.
After sale of subject 335,000.00 shares, the total shareholding of the Company in Highnoon Laboratories has been reduced to 9.99 percent.
