BILF temporarily shuts operations, plans asset sale for revival

By MG News | January 09, 2025 at 04:35 PM GMT+05:00

0:00

January 09, 2025 (MLN): The operations of Bilal Fibres Limited (PSX: BILF) remain temporarily suspended, with no major activities taking place during the period ending in December.

The aforementioned information was disseminated through a notification to Exchange.

The Board of Directors is currently reviewing and updating the Company’s revival plan through the sale or disposal of its fixed assets, the report added.

This plan will be subject to shareholder approval and the completion of any necessary formalities.

The report further mentioned that upon finalization of the above, the Board meeting will be called to consider and approve the disposal/revival plan.

Copyright Mettis Link News

Related News

UBL crowned top performing Primary Dealer in FY25

SECP approves name change for Secure Logistics

PSX Closing Bell: Welcome to the Downside

Name	Price/Vol	%Chg/NChg
KSE100	132,576.99 161.03M	-0.62% -826.20
ALLSHR	82,983.68 903.36M	-0.25% -204.38
KSE30	40,358.80 56.86M	-0.72% -292.66
KMI30	190,727.32 67.92M	-0.71% -1356.60
KMIALLSHR	55,698.48 457.08M	-0.27% -149.22
BKTi	36,242.06 11.15M	-0.50% -180.82
OGTi	28,323.42 10.71M	-0.40% -114.19

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,560.00	110,265.00 108,625.00	345.00 0.32%
BRENT CRUDE	70.45	70.71 69.61	0.30 0.43%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	1.45 1.51%
ROTTERDAM COAL MONTHLY	108.00	109.00 107.95	0.90 0.84%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.67	68.94 67.70	0.34 0.50%
SUGAR #11 WORLD	16.54	16.61 16.08	0.41 2.54%