AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 131.00 Increased By ▲ 1.47 (1.13%)
BOP 6.94 Increased By ▲ 0.26 (3.89%)
CNERGY 4.62 Decreased By ▼ -0.01 (-0.22%)
DCL 8.92 Decreased By ▼ -0.02 (-0.22%)
DFML 42.94 Increased By ▲ 1.25 (3%)
DGKC 84.26 Increased By ▲ 0.49 (0.58%)
FCCL 32.80 Increased By ▲ 0.03 (0.09%)
FFBL 78.00 Increased By ▲ 2.53 (3.35%)
FFL 12.16 Increased By ▲ 0.69 (6.02%)
HUBC 110.30 Decreased By ▼ -0.25 (-0.23%)
HUMNL 14.42 Decreased By ▼ -0.14 (-0.96%)
KEL 5.66 Increased By ▲ 0.27 (5.01%)
KOSM 8.40 No Change ▼ 0.00 (0%)
MLCF 39.50 Decreased By ▼ -0.29 (-0.73%)
NBP 64.00 Increased By ▲ 3.71 (6.15%)
OGDC 201.49 Increased By ▲ 1.83 (0.92%)
PAEL 26.50 Decreased By ▼ -0.15 (-0.56%)
PIBTL 7.77 Increased By ▲ 0.11 (1.44%)
PPL 161.01 Increased By ▲ 3.09 (1.96%)
PRL 26.60 Decreased By ▼ -0.13 (-0.49%)
PTC 18.59 Increased By ▲ 0.13 (0.7%)
SEARL 82.81 Increased By ▲ 0.37 (0.45%)
TELE 8.24 Decreased By ▼ -0.07 (-0.84%)
TOMCL 34.37 Decreased By ▼ -0.14 (-0.41%)
TPLP 9.01 Decreased By ▼ -0.05 (-0.55%)
TREET 16.96 Decreased By ▼ -0.51 (-2.92%)
TRG 60.29 Decreased By ▼ -1.03 (-1.68%)
UNITY 27.61 Increased By ▲ 0.18 (0.66%)
WTL 1.40 Increased By ▲ 0.02 (1.45%)
BR100 10,722 Increased By 314.8 (3.03%)
BR30 32,041 Increased By 327.6 (1.03%)
KSE100 99,603 Increased By 2274.1 (2.34%)
KSE30 31,082 Increased By 889.9 (2.95%)
Business & Finance HRPL (Habib Rice Product Limited) 31.99 Decreased By ▼ -1.57%

Habib Rice Products to establish subsidiary co in UAE

  • “The Subsidiary Company, if allowed to establish, will help promote our drive to secure export business,” the company added.
Published November 10, 2020

Habib Rice Products Limited has announced that intends to establish a wholly-owned subsidiary company in Free Zone Sharjah, UAE.

“We are pleased to inform you that Habib Rice Products Ltd (HRPL) intends to set up a 100 percent wholly-owned subsidiary Company in Free Zone Sharjah after approval of State Bank of Pakistan (SBP)” said the company in its filing to the bourse on Tuesday.

“The Subsidiary Company, if allowed to establish, will help promote our drive to secure export business,” the company added.

It is pertinent to mention that Habib Rice Products Ltd. and its subsidiary companies produce and market a wide range of rice-based starch sugars, protein concentrates, and derivatives. HRPL is also the only 100% vertically integrated producer – sourcing raw rice paddy directly from the farmers, processing it into various products, and converting some of these into confectionery items to be sold in retail markets to household consumers.

Comments

Comments are closed.