Tag Archives: Fauji Foods to raise Rs7.8bn via rights issue

KARACHI: Fauji Foods will raise Rs7.8 billion by issuing rights shares at the price of Rs10 apiece, a stock filing said on Monday. The 10th largest listed food company in terms of total sales is going to increase its paid-up capital by issuing 780.8 million shares to its stockholders in the proportion of 97.2 rights shares for every 100 ordinary …

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