Finnish Fund for Industrial Cooperation Ltd Shows Interest in Equity Investment in TPL Insurance


TPL Insurance Limited (a subsidiary of TPL Corp Limited) announced that the Finnish Fund for Industrial Cooperation Ltd, a Private Limited Company incorporated in Finland, (“Finnfund”), has entered into a Letter of Intent, with TPL Insurance.

Upon completion of successful legal and financial due diligence and obtaining all regulatory approvals, Finnfund will look to invest in TPL Insurance.

A notification submitted by TPL to the Pakistan Stock Exchange (PSX) on Thursday (1 July) notified it of this development.

Finnish Fund is a major development financier and impact investor that invests in responsible and profitable businesses in developing countries.

Source: Pro Pakistani