Haji Mohammad Ismail Mills signs MoU for reverse merger with SEGO Pakistan
Haji Mohammad Ismail Mills Limited (PSX:HMIM) has no fixed assets to start commercial production, while its management has signed a memorandum of understanding (MoU) for a reverse merger with SEGO Pakistan (Pvt) Ltd to revive the company.
October 08, 2026 (MLN): Haji Mohammad Ismail Mills Limited (PSX:HMIM) has no fixed assets to start commercial production, while its management has signed a memorandum of understanding (MoU) for a reverse merger with SEGO Pakistan (Pvt) Ltd to revive the company. The merger is subject to approval by the High Court of Sindh, and other formalities are in process. The company submitted a progress report for the qu...