BoD of Imperial Sugar Ltd approves the sale of major assets of the company
MG News | January 07, 2019 at 11:30 AM GMT+05:00
January 7, 2019 (MLN): The Board of Directors of Imperial Sugar Limited, at a meeting held on January 4, 2019, considered and approved the sale of freehold land, buildings on freehold land, plant and machinery and other assets of the Company located at K armanwala, Tehsil Phalia, and District Mandi Bahauddin, a notification by the company revealed on Monday.
Accordingly, the board seek consent of Shareholders in the forthcoming Annual General Meeting regarding the disposal and sale of Company's assets comprising of freehold land, buildings on freehold land, plant and machinery, furniture, fixture and equipment and other assets.
“The Board may delegate its powers to Chief Executive Officer (CEO) or any other person on such term and conditions they deem fit, to act on behalf of the Company in doing and performing all acts”, the notice further added.
Copyright Mettis Link News
Related News
_20260315071925394_f6893c.jpeg?width=280&height=140&format=Webp)
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 149,574.70 123.65M | -2.79% -4291.47 |
| ALLSHR | 90,070.24 235.69M | -2.44% -2252.16 |
| KSE30 | 45,558.14 73.38M | -3.18% -1495.88 |
| KMI30 | 213,654.42 62.11M | -2.95% -6484.75 |
| KMIALLSHR | 58,174.66 111.27M | -2.44% -1455.77 |
| BKTi | 42,473.90 35.17M | -3.66% -1615.75 |
| OGTi | 30,660.95 3.54M | -3.18% -1007.35 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 73,720.00 | 74,620.00 71,845.00 | 2395.00 3.36% |
| BRENT CRUDE | 106.17 | 106.50 102.04 | 3.03 2.94% |
| RICHARDS BAY COAL MONTHLY | 99.40 | 0.00 0.00 | -12.90 -11.49% |
| ROTTERDAM COAL MONTHLY | 122.70 | 0.00 0.00 | 0.65 0.53% |
| USD RBD PALM OLEIN | 1,083.50 | 1,083.50 1,083.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 100.72 | 102.44 96.74 | 2.01 2.04% |
| SUGAR #11 WORLD | 14.41 | 14.53 14.30 | 0.03 0.21% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|