CCM board approves sale of assets in Faisalabad

MG News | February 09, 2024 at 12:03 PM GMT+05:00

0:00

February 09, 2024 (MLN): The Board of Directors (BoD) of Crescent Cotton Mills Limited (PSX: CCM) has unanimously approved the sale/disposal of the company's assets located at Nishatabad, Faisalabad, according to a notice issued by the company today.

It is worth mentioning that the board considered and authorized the aforementioned agenda during their meeting held today.

Additionally, the BoD has also recommended holding the Extra Ordinary General Meeting on March 14, 2024, to seek approval of the members.

The company is engaged in the manufacturing and sale of yarn and hosiery items along with buying, selling, and otherwise dealing in cloth. Moreover, CCM also operates an embroidery unit.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	187,832.08 767.51M	0.50% 931.34
ALLSHR	112,851.69 1,193.66M	0.62% 697.08
KSE30	57,539.97 102.71M	0.43% 247.84
KMI30	265,288.04 70.28M	0.22% 591.63
KMIALLSHR	72,445.67 875.56M	0.46% 332.73
BKTi	55,119.30 60.64M	1.38% 752.01
OGTi	38,641.51 5.08M	-0.37% -142.27

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,890.00	66,185.00 60,005.00	1095.00 1.72%
BRENT CRUDE	67.71	68.12 66.87	0.16 0.24%
RICHARDS BAY COAL MONTHLY	90.00	0.00 0.00	-3.80 -4.05%
ROTTERDAM COAL MONTHLY	100.75	100.75 100.20	1.45 1.46%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	63.45	63.85 62.31	0.16 0.25%
SUGAR #11 WORLD	14.27	14.44 14.20	-0.17 -1.18%