Wilmar Pakistan Holdings, a directly wholly-owned subsidiary of Wilmar, has subscribed for some 70.2 million ordinary shares in Unity Foods for a total of PKR 701.6 million ($5.7 million) in cash.
Unity Wilmar Agro (UWA), an indirect 52%-owned subsidiary of Wilmar International, has increased its total shareholding in the Unity Foods to 163.2 million ordinary shares from 59.9 million ordinary shares.
Unity Foods is a company listed on the Pakistan Stock Exchange.
