Clover Pakistan share sale halted by Court order

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

Add Mettisglobal as a Trusted Source on Google

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CLOV was incorporated in Pakistan on September 30, 1986 as a Public Listed Company under the repealed companies ordinance, 1984 (now Companies Act 2017).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	178,262.34 385.16M	4.23% 7241.13
ALLSHR	107,837.44 1,028.26M	3.85% 4001.05
KSE30	53,347.67 160.21M	4.70% 2395.68
KMI30	251,510.37 142.71M	4.52% 10876.50
KMIALLSHR	69,173.86 484.44M	3.91% 2601.11
BKTi	51,064.73 51.74M	4.91% 2391.50
OGTi	35,248.42 10.48M	4.59% 1546.17

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,180.00	64,810.00 63,035.00	-1785.00 -2.75%
BRENT CRUDE	87.76	88.06 87.32	-0.60 -0.68%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.55 -1.44%
ROTTERDAM COAL MONTHLY	120.00	120.00 120.00	-0.25 -0.21%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	81.84	82.24 81.43	-0.77 -0.93%
SUGAR #11 WORLD	14.56	14.75 14.54	-0.21 -1.42%