Treet Corporation Limited (TREET): Analyst Briefing Takeaways – By FCEL Research

  • By: First Capital Equities Limited

  • - Published: Tuesday, 15 May 2018
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<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Treet Corp Ltd. announced their major projects which include Lead Acid Batteries project worth PkR7.0bn.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Setting up Renacon, the pharmaceutical company, projected at PkR1.25bn by share issue of 50mn shares in primary market at PkR12.5/sh (max price 17.5mn).</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Venturing into Alloy rims segment with a project worth PkR3.5bn.</span></li><li><span style="font-size:medium;line-height:107%;font-family:Arial, Helvetica, sans-serif;">Setting up of Educational Project at PkR1.5bn via issue of 150mn shares by formation of separate entity Global Arts Ltd. (GAL).</span></li></ul>

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