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Nimir Industrial Chemicals Limited (NICL): Annual Report Takeaways FY17 – By AAH Research

  • By: Aba Ali Habib Securities (Private) Limited

  • - Published: Friday, 29 December 2017
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<ul><li><strong><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Business Profile:</span></strong><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;"> Nimir industrial chemicals Ltd. was initially incorporated in Pakistan as a Private limited company and is listed on PSX. The company is a subsidiary of Nimir Resources Pvt. Ltd. which holds 56.67% of the total shares of the company. The registered office of the company is situated at 14.8Km Sheikhpura road Faisalabad. The principal activity of the company is to manufacture and sale of chemical products. The company has three subsidiaries; Nimir Holdings (100% shareholding), Nimir Management Pvt. Ltd. (51% shareholding) and Nimir Resins (37.64% shareholding). NICL controls the management of Nimir Resins (NRSL) through Nimir Holdings and ...

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