Reliance Weaving Mills to invest Rs3,500 Mill in the spinning project

MG News | April 01, 2021 at 03:21 PM GMT+05:00

0:00

April 01, 2021 (MLN): The Board of Directors of Reliance Weaving Mills Limited (REWM), in its meeting, held today, has approved to invest an amount of Rs. 3,500 Million in the Spinning Project and Rs. 1,000 Million in the Weaving Project by way of Debt & Equity Financing and subject to the compliance of all statutory & legal requirements.

The above-mentioned details were disseminated by a company via a notification to Exchange on Thursday.

Copyright Mettis Link News

Related News

Hala Enterprises to increase weaving capacity by 75%

PSX Closing Bell: Flatlined but Holding On

PACRA maintains Nimir Chemicals' ratings

Name	Price/Vol	%Chg/NChg
KSE100	156,177.82 367.85M	-0.00% -3.12
ALLSHR	95,630.38 1,498.37M	-0.06% -60.44
KSE30	47,678.47 206.79M	-0.08% -35.92
KMI30	229,682.22 174.86M	-0.02% -39.87
KMIALLSHR	64,366.76 638.47M	-0.08% -53.31
BKTi	41,922.80 89.51M	-0.11% -46.72
OGTi	31,735.79 16.87M	-0.80% -255.97

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	116,940.00	116,940.00 116,115.00	1115.00 0.96%
BRENT CRUDE	67.91	68.59 67.62	-0.56 -0.82%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	93.50	93.50 93.50	0.15 0.16%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.79	63.79 63.59	-0.26 -0.41%
SUGAR #11 WORLD	16.23	16.59 16.23	-0.33 -1.99%