Service Fabrics Limited (SERF): Revival Business Plan with entrepreneurial strategies – By AAH Research
<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Service Fabric Limited (SERF) is ready to make its comeback
with its new business revival plan under new management. In Jun’21, Lahore High
Court disposed off the winding up case against the SERF which breathed new life
into the company. SERF has also applied to change its name to “G3 Technologies
Limited” which reflects the company's newly discovered focus on green
technologies.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company recently decided to raise additional capital of PKR
2.34 bn by way of 1486% right issue of 234,116,328 ordinary shares at the price
of PKR 10/share. The purpose of the right issue is to invest PKR 1 bn and PKR
650 mn in setting up plants for manufacturing of Calci...
