Clover Pakistan share sale halted by Court order

News Image

MG News | May 12, 2025 at 03:36 PM GMT+05:00

0:00

May 12, 2025 (MLN): Clover Pakistan Limited's (PSX: CLOV) parent company, Fossil Energy (Pvt) Limited, has disclosed that the Honorable Sindh High Court has issued a stay order restraining the sale of shares of Clover Pakistan Limited, which were pledged with Sindh Bank Limited.

The aforementioned information was disseminated through a notification to Exchange.

CLOV was incorporated in Pakistan on September 30, 1986 as a Public Listed Company under the repealed companies ordinance, 1984 (now Companies Act 2017).

The principal business of the Company includes sale of food products, consumer durables, chemicals and lubricants and also import & trade of gantry equipment's air/oil filter and other car care products.

The Company is also involved in marketing & distribution and after sales support of office automation products, fuel dispensers, vending machines and digital screens.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 139,811.21
183.75M
1.01%
1398.96
ALLSHR 86,639.55
336.92M
1.09%
936.59
KSE30 42,734.63
78.60M
1.14%
479.79
KMI30 197,207.45
80.53M
1.60%
3097.86
KMIALLSHR 57,549.30
147.41M
1.47%
835.63
BKTi 37,997.20
12.02M
0.44%
165.86
OGTi 28,472.78
34.80M
3.76%
1032.14
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 119,510.00 119,785.00
117,905.00
1890.00
1.61%
BRENT CRUDE 72.49 72.82
72.16
-0.75
-1.02%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 70.12 70.41
69.80
0.12
0.17%
SUGAR #11 WORLD 16.49 16.52
16.45
0.04
0.24%

Chart of the Day


Latest News
July 31, 2025 at 12:51 PM GMT+05:00

KIBOR jumps after SBP holds policy rate steady


July 31, 2025 at 12:06 PM GMT+05:00

Crescent Star Insurance resumes 'Guarantee Business'


July 31, 2025 at 12:01 PM GMT+05:00

Bawany Air Products back on PSX Normal Counter


July 31, 2025 at 11:20 AM GMT+05:00

Sitara Peroxide narrows annual loss by 77%



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg