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

Meezan Bank crosses Rs2bn in Apna Ghar financing

LSE SPAC-II debuts on PSX main board

Weekly Market Roundup

Name	Price/Vol	%Chg/NChg
KSE100	179,927.05 365.01M	-1.27% -2314.73
ALLSHR	109,270.69 838.76M	-1.19% -1312.98
KSE30	53,705.71 89.34M	-1.33% -726.00
KMI30	253,531.92 109.38M	-1.32% -3382.29
KMIALLSHR	70,152.63 543.97M	-1.25% -888.68
BKTi	50,997.50 18.73M	-1.38% -715.26
OGTi	36,216.08 8.18M	-1.21% -443.50

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,185.00	64,680.00 62,605.00	-900.00 -1.40%
BRENT CRUDE	78.45	79.80 77.28	2.44 3.21%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.15 -1.08%
ROTTERDAM COAL MONTHLY	118.00	0.00 0.00	0.65 0.55%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	73.77	75.08 72.61	2.36 3.30%
SUGAR #11 WORLD	14.70	14.98 14.65	-0.18 -1.21%