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Azgard Nine’s sale of Muzaffargarh unit extended to June 30, 2024

14:13
April 1, 2024
MG

April 01, 2024 (MLN): The management of Azgard Nine Limited (PSX: ANL) announced today an extension of the completion date for the sale transaction of the Muzaffargarh Unit until June 30, 2024, as part of the ongoing Creditors' Scheme of Arrangement.

The decision, made by the agent banks of the creditors, is a response to certain unavoidable circumstances.

It is crucial to mention that initially, the deadline for the sale of lands related to the Muzaffargarh Unit including all plant, equipment, and installments was December 31, 2023, which then got extended to March 31, 2024.

The company is a composite spinning, weaving, dyeing, and stitching unit engaged in the manufacturing of yarn, denim, and denim products.

At the time of writing, the company's script is being traded at Rs7.16, down by 5 paisa or 0.69% compared to the previous close.

Copyright Mettis Link News

Posted on: 2024-04-01T13:48:56+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.70000	278.90000	278.90000	278.70000	03:00 PM
2	EUR	1.10377	1.10380	1.10380	1.10377	07:26 PM
3	GBP	1.30730	1.30739	1.30739	1.30730	07:26 PM
4	CHF	0.84920	0.84960	0.84960	0.84920	07:26 PM
5	JPY	143.21000	143.22200	143.22200	143.21000	07:26 PM
6	CAD	1.35600	1.35604	1.35604	1.35600	07:26 PM
7	AUD	0.66630	0.66634	0.66634	0.66630	07:26 PM
8	INR	83.97720	83.97770	83.97770	83.97720	07:26 PM
9	SAR	3.75310	3.75330	3.75330	3.75310	04:26 AM
10	AED	3.67270	3.67320	3.67320	3.67270	04:26 AM
11	HKD	7.79655	7.79684	7.79684	7.79655	07:26 PM
12	CNH	7.12041	7.12114	7.12114	7.12041	07:26 PM
13	CNY	7.11330	7.11420	7.11420	7.11330	11:59 PM
14	THB	33.82000	33.84000	33.84000	33.82000	07:26 PM
15	MYR	4.36900	4.37400	4.37400	4.36900	05:32 PM
16	IDR	15,463.60000	15,503.50000	15,503.50000	15,463.60000	07:26 PM
17	SGD	1.30584	1.30591	1.30591	1.30584	07:26 PM
18	NZD	0.61440	0.61500	0.61500	0.61440	07:26 PM
19	MXN	19.87150	19.88640	19.88641	19.87150	07:26 PM
20	TRY	34.05970	34.12310	34.12312	34.05972	07:26 PM
21	SEK	10.37110	10.37920	10.37921	10.37105	07:26 PM
22	ZAR	17.85530	17.88530	17.88530	17.85530	07:26 PM
23	NOK	10.83070	10.84240	10.84236	10.83072	07:26 PM
24	DKK	6.75960	6.76060	6.76060	6.75960	07:26 PM
25	ARS	957.72400	957.73200	957.73235	957.72419	07:26 PM
26	BDT	117.90900	121.17100	121.17066	117.90876	05:01 PM
27	BHD	0.37697	0.37701	0.37701	0.37697	03:42 AM
28	BRL	5.58430	5.58730	5.58730	5.58430	07:24 PM
29	KRW	1,338.91000	1,341.00000	1,341.00000	1,338.91000	07:26 PM
30	KWD	0.30504	0.30584	0.30584	0.30504	03:04 AM
31	LKR	297.67600	304.01800	304.01848	297.67589	05:01 PM
32	OMR	0.38497	0.38500	0.38500	0.38497	03:41 AM
33	QAR	3.64400	3.64600	3.64600	3.64400	04:25 AM
34	RUB	90.54600	90.55410	90.55413	90.54597	07:26 PM
35	AFN	69.36980	71.18200	71.18199	69.36982	05:01 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:13 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	09:57 AM
38	MVR	15.26000	15.46000	15.46000	15.26000	09:54 AM
39	UZS	12,672.50000	12,735.90000	12,735.92171	12,672.49581	05:01 PM
40	PHP	56.10000	56.70000	56.70000	56.10000	07:26 PM
42	NGN	1,644.77000	1,645.77000	1,645.77000	1,644.77000	06:12 PM
43	KES	127.79000	129.79000	129.79000	127.79000	05:01 PM
44	AMD	360.07800	414.44300	414.44298	360.07792	05:01 PM
45	TWD	32.10800	32.13800	32.13800	32.10800	07:26 PM
46	XAU	2,505.92000	2,506.27000	2,506.27000	2,505.92000	07:26 PM
47	XAG	28.34620	28.35930	28.35930	28.34620	07:26 PM
48	XPT	943.00000	945.40000	945.40000	943.00000	04:26 AM
49	XPD	948.28200	956.09800	956.09820	948.28190	04:26 AM
2,120	VES	36.62940	36.64950	36.64955	36.62944	07:26 PM
2,212	UGX	3,675.08000	3,756.63000	3,756.62574	3,675.07815	05:01 PM
2,213	TZS	2,724.55000	2,724.58000	2,724.58300	2,724.55300	04:55 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	79,214.28	78,615.003	78,545.69	-282.722	-0.358	90,272,467.0	4,672,571,576.560	09/09/2024 04:15 PM
ALLSHR	50,999.86	50,691.186	50,643.74	-123.652	-0.243	490,926,797.0	10,115,776,281.530	09/09/2024 04:15 PM
KSE30	25,128.54	24,856.430	24,813.70	-151.442	-0.606	22,288,868.0	3,099,206,437.850	09/09/2024 04:15 PM
KMI30	126,061.81	124,770.911	124,299.55	-658.490	-0.525	25,512,719.0	2,849,774,656.480	09/09/2024 04:15 PM
KMIALLSHR	35,724.18	35,527.030	35,475.82	-45.282	-0.127	220,432,826.0	6,642,656,849.440	09/09/2024 04:15 PM
BKTi	19,338.09	19,021.255	18,986.61	-234.567	-1.218	3,604,998.0	522,348,435.960	09/09/2024 04:15 PM
OGTi	19,413.16	19,202.987	19,181.16	10.787	0.056	2,847,560.0	794,837,747.920	09/09/2024 04:15 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	57,450.0	58,265.0	57,340.0	40.00
BRENT CRUDE	EB	71.9	72.2	70.7	0.85
RICHARDS BAY COAL MONTHLY	EF	112.0	0.0	0.0	1.50
ROTTERDAM COAL MONTHLY	ET	114.5	114.8	114.5	-0.25
USD RBD PALM OLEIN	POL	930.0	930.0	930.0	0.00
CRUDE OIL – WTI	QCL	68.8	68.8	68.7	0.05
SUGAR #11 WORLD	SB	18.8	19.0	18.6	-0.09