CJPL seeks funds from sponsors, directors

By MG News | January 10, 2025 at 01:23 PM GMT+05:00

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January 10, 2025 (MLN): The future plan of Crescent Jute Products Limited (PSX: CJPL) is now based on securing funds from its sponsors and directors, according to the Progress Report submitted by the Company to PSX today.

The company are actively working on this, and if the funds become available, the company's future business plan will be presented to the Board of Directors (BOD) for approval, the report added.

The report further mentioned that they are requesting some time to secure the necessary funds, and once they are successful, the company will inform the concerned parties accordingly.

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