GCIL announces to issue 10% bonus share

News Image

MG News | November 21, 2022 at 12:09 PM GMT+05:00

Join our Whatsapp channel
Add Mettisglobal as a Trusted Source on Google Google
0:00

November 21, 2022 (MLN): Board of directors of Ghani Chemical Industries Limited (GCIL) has decided to issue bonus shares at the rate of 10%, and to export the liquid plant installed at the Lahore site to the GCC region, the company filing on PSX showed.

In the filing, the company is in the process to install a liquid gas manufacturing plant of 275TPD capacity at Hattar Economic Zone. This plant will be operational in the first quarter of the calendar year 2023.

The further board announced to export one of the existing plants of the Company (with a fair market value of around US$ 3.00 million to US$ 4.00 million) installed at Lahore (of Capacity 110TPD) to the GCC region.

Ghani Chemical Industries Limited will be the first company in Pakistan to export Industrial and medical gases plant & know-how and bring back precious dollars to the country.

Copyright Mettis Link News

 

 

Related News

News
PSX Closing Bell: Bulls Deliver a Knockout
News
TPL Insurance rebrands as JazzSure, gets new PSX symbol
News
Bahria Town set to exit Escorts Investment Bank
Name Price/Vol %Chg/NChg
KSE100 179,335.24
436.82M 		3.13%
5448.56
ALLSHR 107,010.17
961.12M 		2.70%
2816.27
KSE30 52,405.95
253.79M 		3.24%
1643.06
KMI30 256,583.83
213.77M 		3.19%
7939.70
KMIALLSHR 69,090.60
570.80M 		2.68%
1800.69
BKTi 49,722.01
58.04M 		3.94%
1885.94
OGTi 35,301.86
14.62M 		2.51%
864.60
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 74,155.00 75,455.00
74,090.00 		-785.00
-1.05%
BRENT CRUDE 91.11 92.84
89.21 		-1.46
-1.58%
RICHARDS BAY COAL MONTHLY 126.00 0.00
0.00 		0.10
0.08%
ROTTERDAM COAL MONTHLY 131.00 131.00
131.00 		-0.75
-0.57%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50 		0.00
0.00%
CRUDE OIL - WTI 85.74 86.93
83.88 		-1.11
-1.28%
SUGAR #11 WORLD 18.25 18.29
18.05 		0.04
0.22%
Chart of the Day
Latest News
November 10, 2026 at 04:49 PM GMT+05:00

PM Shehbaz to urge concrete climate action at COP31

November 10, 2026 at 04:49 PM GMT+05:00

Customs seizes Rs1bn heroin, Rs52m smuggled goods

November 10, 2026 at 04:07 PM GMT+05:00

PKR edges higher against USD

November 10, 2026 at 03:59 PM GMT+05:00

PSX Closing Bell: Bulls Deliver a Knockout

November 10, 2026 at 03:33 PM GMT+05:00

Pakistan, China ties to deepen on strategic cooperation, trade

Top 5 things to watch in this week
Auto Numbers
Worker Remittances
Savings Mobilized by National Savings Schemes
Central Government Debt
Pakistan External Debt and Liabilities
Previous
Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg