First Equity Modaraba to sell equity textile assets

MG News | November 11, 2025 at 10:21 AM GMT+05:00

0:00

November 11, 2025 (MLN): First Equity Modaraba (PSX:FEM), as shareholder of its wholly owned subsidiary Equity Textile Limited, approved the proposed sale or disposal of the subsidiary’s assets and property situated at Plot No. A-44, Sindh Industrial Trading Estates Ltd (SITE), Nooriabad, District Jamshoro.

The transaction covers land, building, plant, machinery, allied equipment, fittings, and appurtenances located at the site, according to the filing submitted to psx today.

The sale process will proceed in accordance with applicable laws and remains subject to completion of necessary corporate, regulatory, and legal formalities.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	157,132.10 429.92M	3.39% 5159.10
ALLSHR	93,566.86 763.32M	2.62% 2388.00
KSE30	48,302.97 218.66M	4.27% 1976.50
KMI30	220,798.52 207.58M	4.07% 8628.34
KMIALLSHR	59,988.53 433.51M	2.75% 1606.15
BKTi	46,193.08 61.76M	4.26% 1887.06
OGTi	30,193.10 21.94M	3.73% 1086.31

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	67,145.00	69,740.00 66,530.00	-2335.00 -3.36%
BRENT CRUDE	83.39	84.43 78.38	5.65 7.27%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-7.85 -7.32%
ROTTERDAM COAL MONTHLY	139.50	139.50 129.00	20.70 17.42%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	76.22	77.27 70.41	4.99 7.01%
SUGAR #11 WORLD	14.15	14.16 13.94	0.24 1.73%