Sapphire Fibres Approves Merger with Reliance Cotton Spinning Mills

PAKISTAN Sapphire Fibres Limited (PSX: SFL) has announced that its Board of Directors has approved a Scheme of Compromises, Arrangement, and Reconstruction for the merger of Reliance Cotton Spinning Mills Limited (RCSML) with and into Sapphire Fibres Limited. According to a notice issued to the Pakistan Stock Exchange (PSX), the merger will be carried out … Continue reading Sapphire Fibres Approves Merger with Reliance Cotton Spinning Mills