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

News Image

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

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 129,446.58
97.77M
0.97%
1247.15
ALLSHR 80,548.30
272.80M
0.95%
760.68
KSE30 39,588.96
31.65M
1.24%
483.96
KMI30 188,289.55
29.47M
0.74%
1373.94
KMIALLSHR 54,532.55
117.42M
0.61%
330.67
BKTi 34,308.55
15.71M
2.48%
831.87
OGTi 28,043.06
2.53M
0.29%
80.48
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 106,690.00 106,710.00
105,440.00
940.00
0.89%
BRENT CRUDE 67.19 67.29
67.05
0.08
0.12%
RICHARDS BAY COAL MONTHLY 97.50 97.50
97.50
0.70
0.72%
ROTTERDAM COAL MONTHLY 103.80 103.80
103.80
-3.45
-3.22%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 65.50 65.65
65.34
0.05
0.08%
SUGAR #11 WORLD 15.70 16.21
15.55
-0.50
-3.09%

Chart of the Day


Latest News
July 02, 2025 at 10:08 AM GMT+05:00

PSX Opening Bell: Upbeat and Unstoppable


July 02, 2025 at 09:53 AM GMT+05:00

Govt policy shift lowers cost of imported vehicles


July 02, 2025 at 09:22 AM GMT+05:00

Asia markets waver while Singapore stocks soar


July 02, 2025 at 06:01 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market



Top 5 things to watch in this week

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