Investment27 Apr 2026, 04:41 pm
Linc Ltd to Invest $250,000 More in Silka Linc JV
AI Summary
Linc Ltd's Board of Directors approved a further investment of USD 250,000 in its joint venture company, M/s Silka Linc Kirtasiye Urunleri Sanayi Anonim Sirketi, Turkey. The other partner, M/s. Silka Kirtasiye Imalat Sanayi Ve Ticaret Limited Sirketi, will also invest a similar amount, ensuring Linc Limited's shareholding percentage in Silka Linc remains unchanged. The board meeting, held on April 27, 2026, commenced at 12.00 P.M. and concluded at 3.35 P.M.
Key Highlights
- Linc Ltd approves further investment in Silka Linc JV.
- Investment amount is USD 250,000.
- Shareholding percentage in Silka Linc remains unchanged.
- Other partner to invest a similar amount.