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| Exchange Disseminated Time | House of Pearl Fashions Ltd has informed BSE that Multinational Textiles Group Ltd, Mauritius, a wholly owned subsidiary of the Company, has entered into a agreement for purchase 1,87,500 ordinary shares of USD 1 each (being 75% of the issued ordinary shares) and 31,90,000 Redeemable Preference Shares of USD 1 each (being 100% of issued preference shares) of Simple Approach Ltd., Hongkong.
Simple Approach is engaged into marketing and distribution of apparels and is supplying to value added mid market retailers in UK and USA. |
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