Trading in the shares of Treet Battery Ltd will begin on Friday (today) after the bifurcation of the battery division of First Treet Manufacturing Modaraba (FTMM) through a court-sanctioned scheme of arrangement. According to the swap ratio in the scheme, certificate holders of FTMM have been allotted 0.99 shares of Treet Battery Ltd against each certificate that they held in the Modaraba. T