Engro Corporation to sell rice processing subsidiary to MAP Rice Mills in Rs2.4bn deal.
Pakistan’s largest conglomerate, Engro Corporation, has decided to sell its wholly-owned subsidiary, Engro Eximp Agriproducts (Private) Limited (EEAP) to MAP Rice Mills (Private) Limited for Rs2.4 billion (USD 8.61 million). The development was disclosed by Engro Holdings Limited, formerly Dawood Hercules Corporation Limited, in its notice to the Pakistan Stock Exchange (PSX) on Wednesday. “Please […]




