News Desk
ISLAMABAD: Lucky Core Industries Limited has successfully concluded the sale of 21,763,125 ordinary shares, constituting nearly 26.5 percent of the paid-up and issued capital, of Nutrico Moringa Pvt Ltd. to Moringa Milk Industry Co. Ltd.
Luck Core Industries was also buying majority stakes in Lotte Chemical’s Pakistani chemical unit worth 192.4 billion Won ($156 million).
Share purchase deal
The company inked the deal in terms of the Share Purchase Agreement on 16 September 2022.
Total shares sold by the company and other big stakeholders of NMPL to Morinaga Milk is $56,600,000, with the share of the company being $45,082,657.
