Zuma resources shifts gears toward high-growth sectors

News Image

Hafiz Muhammad Abdullah Hashim | December 08, 2025 at 10:15 AM GMT+05:00

0:00

December 08, 2025 (MLN): Zuma Resources Limited (PSX: ZUMA), formerly known as Bilal Fibres Limited, has undertaken a series of major corporate decisions as part of its ongoing restructuring and strategic transformation.

The board approved a new primary line of business that shifts the company toward diversified investments and strategic collaborations, according to the company's statement issued today.

Under the revised strategy, Zuma Resources will now engage in investing, partnering, and working closely with a broad portfolio of companies across high-growth sectors.

These include Technology, AI-enabled services, Electric Vehicles (EVs), healthcare, E-commerce, and a range of other emerging industries.

The company aims to leverage this diversified approach to build a more innovation-driven and resilient business model.

In the same meeting, the Board also approved the financial statements for the year ended June 30, 2025, marking the completion of its latest reporting cycle.

Separately, the company confirmed that the Board has approved the sale of land, buildings, and plant and machinery as well as other fixed assets in compliance with an order from the Lahore High Court.

The sale is being executed to settle outstanding bank liabilities, forming a crucial part of the company’s financial restructuring.

Additionally, Zuma Resources revealed that the management has been authorized to convene the Annual General Meeting (AGM) on December 31, 2025.

At the time of writing, Zuma Resources’ share price stood at Rs53.01, down Rs2.91 or 5.81% on the day.

Copyright Mettis Link News

 

 

 

Related News

Name Price/Vol %Chg/NChg
KSE100 167,803.03
116.52M
0.43%
717.45
ALLSHR 101,700.64
309.13M
0.47%
479.92
KSE30 50,963.72
49.18M
0.38%
191.70
KMI30 241,165.95
60.31M
0.52%
1242.60
KMIALLSHR 66,360.54
172.47M
0.48%
317.74
BKTi 45,164.86
3.93M
0.13%
58.47
OGTi 33,758.66
9.86M
0.52%
175.61
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 91,700.00 92,045.00
89,800.00
2100.00
2.34%
BRENT CRUDE 63.91 63.94
63.63
0.16
0.25%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
0.10
0.11%
ROTTERDAM COAL MONTHLY 97.25 97.25
97.25
0.05
0.05%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 60.24 60.29
59.97
0.16
0.27%
SUGAR #11 WORLD 14.82 15.02
14.73
-0.06
-0.40%

Chart of the Day


Latest News
December 08, 2025 at 10:15 AM GMT+05:00

Zuma resources shifts gears toward high-growth sectors


December 08, 2025 at 10:14 AM GMT+05:00

A new media titan? Netflix’s Warner move sparks concern


December 08, 2025 at 09:37 AM GMT+05:00

Asia stocks split after China’s surprise export surge



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg