Bawany Air Products Ltd. to sell Land, Building, Plant & Machinery to repay company’s outstanding loans

MG News | June 18, 2020 at 12:59 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

June 18, 2020 (MLN): Bawany Air Products Limited via notification to Exchange has informed that the company has decided in its extraordinary general meeting held on June 02, 2020 to sell all the Land, Building and Plant & Machinery along with auxiliary machinery/ parts to repay company’s outstanding loans to the banks and other liabilities to the amount due to Directors/ their family associates.

In this regard, the Chief Executive of the company be authorized to sell and settle the Company’s liabilities and is further empowered to execute and deliver all necessary documents, take necessary steps and do all such deeds and things on company’s behalf.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	166,409.25 235.53M	-0.47% -784.19
ALLSHR	100,707.78 824.63M	-0.45% -457.17
KSE30	49,026.65 68.91M	-0.60% -294.03
KMI30	237,971.74 66.09M	-0.41% -986.42
KMIALLSHR	65,023.98 327.90M	-0.48% -312.08
BKTi	45,944.24 13.97M	-0.74% -340.31
OGTi	33,648.58 5.44M	-0.37% -124.48

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,800.00	77,885.00 76,820.00	830.00 1.08%
BRENT CRUDE	113.40	114.29 111.03	2.60 2.35%
RICHARDS BAY COAL MONTHLY	134.00	134.00 134.00	3.00 2.29%
ROTTERDAM COAL MONTHLY	148.05	148.05 145.60	4.10 2.85%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	102.95	104.99 102.43	0.95 0.93%
SUGAR #11 WORLD	19.37	19.58 19.21	-0.10 -0.51%