Crescent Jute Products continues funding pursuit from sponsors

MG News | April 15, 2024 at 03:17 PM GMT+05:00

0:00

April 15, 2024 (MLN): Crescent Jute Products Limited (PSX: CJPL) remains in the process of seeking funds from sponsors, and directors, and the company's future plan is based on the successful unlocking of these funds, as highlighted in the company’s progress report issued to the local bourse today.

The company has also requested the PSX to grant some time for the availability of funds.

Once the funds are secured, the future business plan will be presented to the Board of Directors (BoD) for their approval.

It is important to mention that CJPL is currently under the defaulter segment.

Moreover, the company is engaged in the manufacturing and sale of jute products including jute bags.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	168,519.94 600.69M	1.74% 2885.10
ALLSHR	100,327.69 1,191.02M	1.66% 1641.75
KSE30	50,918.37 289.83M	1.86% 931.27
KMI30	243,647.50 248.34M	1.65% 3960.26
KMIALLSHR	65,555.37 626.03M	1.47% 951.47
BKTi	46,361.54 106.78M	2.02% 916.94
OGTi	34,376.44 15.73M	1.21% 412.53

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	75,135.00	75,315.00 75,100.00	-40.00 -0.05%
BRENT CRUDE	94.87	96.90 93.93	0.08 0.08%
RICHARDS BAY COAL MONTHLY	103.25	103.25 103.25	-0.60 -0.58%
ROTTERDAM COAL MONTHLY	103.50	103.50 103.50	-0.50 -0.48%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	91.00	91.50 90.85	-0.29 -0.32%
SUGAR #11 WORLD	13.50	14.03 13.48	-0.38 -2.74%