Thal Limited approves merger of wholly-owned subsidiary

The Board of Directors of Thal Limited (THALL), in its meeting held on April 23,2020 passed a resolution and approved a scheme of amalgamation to amalgamate its wholly-owned subsidiary, A-One Enterprises (Private) Limited with and into the company i.e. Thal Limited, informed the company in a statement to the Pakistan Stock Exchange on Friday.

As such, as of the completion date of June 30, 2020, the entire undertaking of A-One Enterprises (Private) Limited will stand merged with and into the company, the statement added. 

 

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