CWSM Board approves Rs1.1bn investment in Data Centre project

13:45
April 16, 2025

April 16, 2025 (MLN): The Board of Chakwal Spinning Mills Limited (PSX: CWSM) has approved and signed a confirmed term sheet for an investment of Rs1.1 billion for the launch of Data Centre and Cloud Operations in Pakistan.

To diversify its business and with the aim of pursuing a new line of operations, the Board of Directors (BOD) has also approved the Business Plan, the company's filing on PSX revealed today.

Additionally, another term sheet amounting to Rs500 million is currently under consideration, and the BOD has authorized the Chairman of the Company to finalize it.

The Board further agreed to proceed in accordance with the provisions of the Companies Act 2017 and relevant rules.

Copyright Mettis Link News

Posted on: 2025-04-16T13:42:17+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	281.75000	281.80000	281.75000	281.70000	03:02 PM
2	EUR	1.11910	1.11923	1.11912	1.11765	08:32 PM
3	GBP	1.32671	1.32685	1.32678	1.32599	08:32 PM
4	CHF	0.84027	0.84050	0.84175	0.84048	08:32 PM
5	JPY	146.45900	146.46900	146.74700	146.45400	08:32 PM
6	CAD	1.39725	1.39740	1.39776	1.39732	08:32 PM
7	AUD	0.64325	0.64333	0.64349	0.64261	08:32 PM
8	INR	85.48780	85.48830	85.48790	85.48820	08:29 PM
9	SAR	3.75070	3.75090	3.75070	3.75090	05:31 AM
10	AED	3.67290	3.67320	3.67290	3.67320	04:09 AM
11	HKD	7.80364	7.80392	7.80390	7.80360	08:32 PM
12	CNH	7.20846	7.20892	7.21146	7.20749	08:32 PM
13	CNY	7.20800	7.20900	0.00000	0.00000	08:52 PM
14	THB	33.42500	33.45700	33.48000	33.42000	08:32 PM
15	MYR	4.30150	4.30650	4.30150	4.29500	08:23 PM
16	IDR	16,559.30000	16,579.60000	16,562.00000	16,576.00000	08:29 PM
17	SGD	1.30021	1.30036	1.30164	1.30019	08:32 PM
18	NZD	0.58996	0.59013	0.59012	0.58935	08:32 PM
19	MXN	19.37411	19.37911	19.38335	19.37869	08:32 PM
20	TRY	38.76050	38.77050	38.77560	38.76750	08:32 PM
21	SEK	9.74464	9.75015	9.76110	9.74880	08:32 PM
22	ZAR	18.21653	18.22507	18.23599	18.22478	08:32 PM
23	NOK	10.38051	10.39174	10.39290	10.38400	08:32 PM
24	DKK	6.66641	6.66727	6.67572	6.66710	08:32 PM
25	ARS	1,131.49598	1,131.50402	1,131.57196	1,131.33709	08:32 PM
26	BDT	120.04885	123.25824	120.04885	123.25824	08:00 PM
27	BHD	0.37695	0.37705	0.00000	0.00000	10:09 PM
28	BRL	5.63022	5.64444	5.63950	5.63850	08:32 PM
29	KRW	1,401.89000	1,403.89000	1,410.90000	1,402.65000	08:32 PM
30	KWD	0.30710	0.30800	0.00000	0.00000	11:04 PM
31	LKR	295.79838	302.03885	295.79838	302.03885	08:00 PM
32	OMR	0.38473	0.38523	0.38473	0.38523	02:58 AM
33	QAR	3.63590	3.65390	0.00000	0.00000	10:00 PM
34	RUB	80.36742	80.37546	80.37564	80.37152	08:32 PM
35	AFN	68.00000	73.00000	69.24863	71.03155	08:00 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:24 AM
37	TMT	3.35000	3.66000	3.35000	3.65000	08:00 PM
38	MVR	15.25000	15.65000	15.26000	15.65000	08:00 PM
39	UZS	12,960.00000	13,020.00000	12,960.00000	12,965.00000	08:00 PM
40	PHP	55.79500	55.81500	55.79500	55.81500	08:23 PM
42	NGN	1,600.06000	1,601.06000	1,600.06000	1,601.06000	08:26 PM
43	KES	128.50000	130.50000	128.50000	130.50000	08:26 PM
44	AMD	387.99000	387.99000	387.99000	387.99000	08:00 PM
45	TWD	30.34000	30.37000	30.34010	30.33350	08:31 PM
46	XAU	3,182.25000	3,183.15000	3,185.83000	3,181.15000	08:32 PM
47	XAG	32.14020	32.15880	32.21420	32.14380	08:32 PM
48	XPT	983.40000	987.90000	984.45000	984.19010	05:31 AM
49	XPD	951.92830	959.75670	959.84820	956.44170	05:31 AM
2,120	VES	93.34565	93.37966	93.34565	93.37966	08:00 PM
2,212	UGX	3,617.67472	3,697.90901	3,617.67472	3,697.90901	08:00 PM
2,213	TZS	2,699.41600	2,699.44600	2,699.41600	2,699.44600	08:26 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	119,460.54	118,536.526	118,148.65	-39.364	-0.033	273,518,579.0	31,987,328,507.670	14/05/2025 03:50 PM
ALLSHR	73,824.89	73,338.560	73,133.19	30.826	0.042	605,068,242.0	41,864,621,779.990	14/05/2025 03:50 PM
KSE30	36,646.40	36,293.721	36,150.41	-7.938	-0.022	172,703,666.0	28,801,498,928.360	14/05/2025 03:50 PM
KMI30	180,274.45	179,034.175	177,781.28	158.544	0.089	201,912,022.0	23,693,368,948.640	14/05/2025 03:50 PM
KMIALLSHR	51,217.98	50,908.406	50,730.05	-37.299	-0.073	439,377,488.0	33,065,190,081.060	14/05/2025 03:50 PM
BKTi	28,636.34	28,188.977	28,157.65	-102.519	-0.362	14,346,767.0	2,851,875,317.100	14/05/2025 03:50 PM
OGTi	28,082.31	27,750.166	27,615.79	-269.872	-0.963	23,068,665.0	5,083,999,140.230	14/05/2025 03:50 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	104,135.0	104,225.0	103,695.0	515.00
BRENT CRUDE	EB	65.3	65.4	65.2	-0.82
RICHARDS BAY COAL MONTHLY	EF	89.5	0.0	0.0	0.60
ROTTERDAM COAL MONTHLY	ET	95.0	95.5	95.0	-1.10
USD RBD PALM OLEIN	POL	998.5	998.5	998.5	0.00
CRUDE OIL – WTI	QCL	62.3	62.9	61.9	-0.86
SUGAR #11 WORLD	SB	18.1	18.3	17.9	-0.14

To see more commodities please register for our portal

Income Tax Calculator

Monthly Income:

Medical Allowance:

Disable Medical Allowance

Annual Income:

X-Rate Calculator

Top 5 things to watch in this week

Charts

KSE100 (Last)

KSE100 (Volume)

KSE100 (Last)

KSE100 (Volume)

Trending :

CWSM Board approves Rs1.1bn investment in Data Centre project

Income Tax Calculator

X-Rate Calculator

Top 5 things to watch in this week

Charts

Stay Connected

Read Next

Bolan Castings extends production halt until May 23

KSE-100 index: A Very Good Morning

CCP, NAB sign MoU to curb anti-competitive practices

Pakistan, Norway reaffirm bilateral cooperation