Pakistan Company News – Subscription of Right Shares by Sponsor of TPL Corporation Limited

Subscription of Right Shares by Sponsor of TPL Corporation Limited

Karachi, TPL Corporation Limited informed Pakistan Stock Exchange that TPL Holdings (Private) Limited minimum required portion of the right Issue of the Company, as was approved by the Board of Directors in their meeting held on September 14, 2018, has been subscribed within the prescribed time period as required under Pakistan Stock Exchange’s Procedures.

TPL Corp Ltd. is the investment holding company of the TPL Group with investments across the insurance, real estate, transport, security, technology, vehicle and container tracking, navigation and mapping solutions and financial sectors.