Stake acquisition

Published January 13, 2021Updated January 13, 2021 06:50am

KARACHI: TPL Corp and its sponsors have acquired an additional stake in TPL Properties to become majority shareholders with 51pc stake in it, said a press release.

TPL Corp in a notice informed the Pakistan Stock Exchange that it had acquired 17 million shares at Rs12 per share from the Alpha Beta Capital Markets (Pvt) Ltd.

MoU signed

JazzCash and KASB Securities have signed a memorandum of understanding (MoU) to promote retail investment by easing access to investment products and stock market trading, said a press release.

Boeing plane deliveries plunge

NEW YORK: Boeing reported on Tuesday a 59 per cent plunge in commercial plane deliveries in 2020 as it contended with the grounding of the 737 MAX and a travel industry downturn amid Covid-19. It delivered just 157 planes last year, down from 380 in 2019.—AFP

Published in Dawn, January 13th, 2021

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