LSE SPAC-II Board recommends Rs180m investment in M.P. Industries
LSE SPAC-II Limited's (PSX:SPAC2) Board of Directors recommended a proposed investment in M.P. Industries Limited (MPIL), approving an investment of approximately Rs180mn through subscription of 269,000 ordinary shares of MPIL at Rs669.14 per share,
August 17, 2026 (MLN): LSE SPAC-II Limited's (PSX:SPAC2) Board of Directors recommended a proposed investment in M.P. Industries Limited (MPIL), approving an investment of approximately Rs180mn through subscription of 269,000 ordinary shares of MPIL at Rs669.14 per share, resulting in SPAC2 holding approximately 15% of the post-issue paid-up share capital of MPIL. The decision was taken at the Board's meeting held o...