According to the material information received, Samin Textile selling 6,530,000 shares of Security General Insurance Company generating approx 613 million. This transaction can be a game changer for the company as this money can be used to pay-off long term loan of the company to avoid heavy finance cost or buy machinery to increase efficiency or can be reported in the other operating income which can boost the earning three times.
The Canadian Securities Institute
CSI is part of Moody's Analytics Learning Solutions, which offers educational programs and credentials throughout the world.
Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)