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Service Global Clears Rs1bn Athletic Venture
Summary by Digital Pakistan
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Service Global Clears Rs1bn Athletic Venture
Service Global has approved up to Rs1 billion to establish an athletic footwear subsidiary. Service Global Footwear Limited has sanctioned an equity investment of up to Rs1 billion to set up Service Athletic Global Footwear (Private) Limited as a subsidiary. The decision was conveyed in a filing to the Pakistan Stock Exchange, stating that shareholders approved the plan through a special resolution in line with Section 199 of the Companies Act, …
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