Arshad Energy’s plants remain non-functional

MG News | March 11, 2022 at 03:03 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

March 11, 2022 (MLN): Arshad Energy Limited has informed through a notice to exchange that the company’s plants are still having no production as the current furnace prices are not feasible for the plant operations.

The management is pursuing the implementation of an alternate/revival business plan which had been approved by shareholders in an extra general meeting (EOGM) held on February 24, 2022.

Related News

Weekly Market Roundup

Sapphire Fibres seeks stake in FESCO privatisation

Nishat Group forms 7-company consortium to bid for FESCO

Name	Price/Vol	%Chg/NChg
KSE100	181,430.02 376.06M	-0.19% -346.57
ALLSHR	109,168.67 713.66M	-0.13% -139.83
KSE30	54,263.26 125.13M	-0.24% -128.56
KMI30	255,651.73 86.61M	-0.19% -483.04
KMIALLSHR	69,991.04 446.60M	-0.05% -33.30
BKTi	52,205.98 60.34M	-0.31% -161.74
OGTi	35,363.45 11.64M	0.17% 60.63

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	65,355.00	65,355.00 65,035.00	180.00 0.28%
BRENT CRUDE	82.38	84.44 81.50	-0.11 -0.13%
RICHARDS BAY COAL MONTHLY	105.50	105.50 105.50	-0.25 -0.24%
ROTTERDAM COAL MONTHLY	116.25	117.00 116.25	-0.10 -0.09%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	77.08	78.77 76.53	-0.21 -0.27%
SUGAR #11 WORLD	16.49	16.50 15.49	0.92 5.91%