GFIL approves Rs500m bid for land asset

MG News | January 09, 2026 at 03:47 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

January 09, 2026 (MLN):Ghazi Fabrics International Limited (PSX: GFIL) approved the highest bid price of Rs500 million, as recommended by the Audit Committee, for the sale of an extra piece of land owned by the company.

The decision was taken during a meeting of the Board of Directors held on January 09, 2026.

The approved bid price is higher than the assessed market value of the land, according to the company’s filing on PSX revealed today.

Copyright Mettis Link News

Related News

Supernet sets Aug 17 book closure for right issue entitlement

Chinese shareholders to sell 18.31% stake in Masood Textile to UAE firm

HBL posts Rs34.5bn half-year profit, declares Rs6 dividend

Name	Price/Vol	%Chg/NChg
KSE100	180,014.93 294.91M	1.66% 2931.71
ALLSHR	108,372.13 738.00M	1.30% 1386.88
KSE30	53,821.81 143.92M	1.87% 985.50
KMI30	253,547.39 118.57M	1.66% 4144.78
KMIALLSHR	69,491.95 365.01M	1.26% 862.49
BKTi	51,843.62 70.63M	2.49% 1258.04
OGTi	34,802.66 8.81M	1.04% 358.83

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,790.00	65,030.00 64,760.00	-290.00 -0.45%
BRENT CRUDE	79.99	80.00 79.04	0.54 0.68%
RICHARDS BAY COAL MONTHLY	107.75	0.00 0.00	1.75 1.65%
ROTTERDAM COAL MONTHLY	116.50	116.50 116.50	-1.40 -1.19%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	75.70	75.70 74.64	0.48 0.64%
SUGAR #11 WORLD	15.17	15.28 15.06	0.13 0.86%