Friday, September 30, 2011

ECL invests Rs. 150mn for diversification

E-channelling PLC (ECL) is investing Rs. 150 million in a subsidiary which would diversify in to several sectors, the company said in a stock exchange filing.

Shareholders had decided at an extraordinary general meeting on Thursday (29) to invest Rs. 150 million in the company’s subsidiary ECL Soft (Pvt) Ltd in order to fund projects such as leisure, consultancy and training, media and advertising, financial services, international marketing of the ECL group, BPO in the healthcare sector and strategic investments, ECL said.

source  -

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