Al-Ghazi Tractors refutes claims of supply chain disruption

MG News | August 12, 2024 at 09:56 AM GMT+05:00

0:00

August 12, 2024 (MLN): Al-Ghazi Tractors Limited (PSX: AGTL) has officially denied claims of disruptions in the supply of tractor parts, clarifying that the news report highlighted this was not based on factual information.

Contrary to the news item published on August 9, 2024, Al-Ghazi Tractors has confirmed that its operations are running smoothly, with no interruptions in the supply chain due to delayed payments.

In a notification to exchange, the company assured that the company continues to receive regular supplies from its vendors.

The company also clarified that the letter from the Exchange was issued on the same day the news item was published, leaving no time for the company to respond within the one-day requirement specified under Clause 5.6.2 of the PSX Regulations.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	157,953.47 555.47M	1.14% 1775.65
ALLSHR	96,741.22 1,957.60M	1.16% 1110.83
KSE30	48,198.94 249.79M	1.09% 520.47
KMI30	232,694.17 290.89M	1.31% 3011.94
KMIALLSHR	65,027.13 1,019.78M	1.03% 660.37
BKTi	42,489.56 84.10M	1.35% 566.75
OGTi	31,779.36 15.21M	0.14% 43.57

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,045.00	117,680.00 116,905.00	-725.00 -0.62%
BRENT CRUDE	67.52	68.42 67.19	-0.43 -0.63%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	94.00	94.50 94.00	0.45 0.48%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.22	63.31 63.20	-0.04 -0.06%
SUGAR #11 WORLD	16.13	16.27 15.89	-0.14 -0.86%