At-Tahur Board Approves New Subsidiary for Trading Operations

At-Tahur Limited said Friday its board has approved the establishment of a wholly owned subsidiary in Pakistan, subject to regulatory approvals. The company reported to the Pakistan Stock Exchange that the proposed unit will focus on trading materials such as maize silage, maize corn, and bypass fat. At-Tahur added that its board has also set the number of directors at seven, to be elected for a three-year term at the upcoming annual general meeting. The principal activity of PREMA is to run a dairy farm for the production and processing of milk and dairy products.