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Fazal Cloth changes TOCs of long-term investments worth Rs550mn

12:01
June 24, 2022
MG

June 24, 2022 (MLN): The shareholders of Fazal Cloth Mills Limited (FZCM) have resolved to change the terms and conditions (TOCs) of the long-term investments of Rs550 million in Fatima Transmission Company Limited (FTCL).

This long-term investment includes a conversion feature whereby the loans/advances provided / to be provided to the FTCL may be convertible into non-cumulative, redeemable, non-voting, participatory preference shares of the FTCL.

It was further resolved that the above investment in preference shares of FTCL categorized as equity investment up to the extent of Rs550 million in the conversion of loan/advances already provided/to be provided to FTCL.

Posted on: 2022-06-24T17:01:30+05:00

33701

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.32000	278.62000	278.62000	278.32000	10:59 AM
2	EUR	1.07118	1.07123	1.07123	1.07118	02:00 AM
3	GBP	1.24712	1.24721	1.24721	1.24712	02:00 AM
4	CHF	0.91417	0.91424	0.91424	0.91417	02:00 AM
5	JPY	155.66300	155.66900	155.66900	155.66300	02:00 AM
6	CAD	1.36905	1.36910	1.36910	1.36905	02:00 AM
7	AUD	0.65106	0.65109	0.65109	0.65106	02:00 AM
8	INR	83.38710	83.39040	83.39040	83.38710	02:00 AM
9	SAR	3.75060	3.75080	3.75080	3.75060	11:00 AM
10	AED	3.67280	3.67300	3.67300	3.67280	11:00 AM
11	HKD	7.82865	7.82901	7.82901	7.82865	02:00 AM
12	CNH	7.26739	7.26751	7.26751	7.26739	02:00 AM
13	CNY	7.24680	7.24690	7.24690	7.24680	10:52 AM
14	THB	37.10000	37.12000	37.12000	37.10000	02:00 AM
15	MYR	4.78200	4.78700	4.78700	4.78200	01:14 AM
16	IDR	16,205.40000	16,209.60000	16,209.60000	16,205.40000	02:00 AM
17	SGD	1.36062	1.36069	1.36069	1.36062	02:00 AM
18	NZD	0.59429	0.59433	0.59433	0.59429	02:00 AM
19	MXN	17.07820	17.10820	17.10820	17.07820	02:00 AM
20	TRY	32.54750	32.60840	32.60841	32.54748	02:00 AM
21	SEK	10.84960	10.89550	10.89553	10.84959	02:00 AM
22	ZAR	19.21340	19.21870	19.21870	19.21340	02:00 AM
23	NOK	10.97200	10.98060	10.98064	10.97205	02:00 AM
24	DKK	6.96210	6.96310	6.96310	6.96210	02:00 AM
25	ARS	873.26100	873.27100	873.27130	873.26130	01:59 AM
26	BDT	107.91000	111.27300	111.27305	107.90964	09:00 PM
27	BHD	0.37700	0.37705	0.37705	0.37700	11:00 AM
28	BRL	5.14560	5.14860	5.14860	5.14560	01:59 AM
29	KRW	1,376.23000	1,376.36000	1,376.36000	1,376.23000	02:00 AM
30	KWD	0.30770	0.30785	0.30785	0.30770	11:00 AM
31	LKR	294.62300	301.16300	301.16317	294.62325	09:00 PM
32	OMR	0.38498	0.38503	0.38503	0.38498	11:00 AM
33	QAR	3.64600	3.64900	3.64900	3.64600	09:31 PM
34	RUB	92.27000	94.07000	94.07000	92.27000	08:00 PM
35	AFN	71.18230	73.05090	73.05087	71.18232	09:00 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	05:44 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	08:00 PM
38	MVR	15.25000	15.65000	15.65000	15.25000	08:00 PM
39	UZS	12,655.90000	12,721.30000	12,721.32679	12,655.92151	09:00 PM
40	PHP	57.90300	57.92800	57.92800	57.90300	02:00 AM
42	NGN	1,253.53000	1,254.53000	1,254.53000	1,253.53000	08:25 PM
43	KES	133.50000	135.50000	135.50000	133.50000	08:25 PM
44	AMD	361.47400	417.53100	417.53088	361.47392	09:00 PM
45	TWD	32.57450	32.60450	32.60450	32.57450	02:00 AM
46	XAU	2,319.90000	2,320.25000	2,320.25000	2,319.90000	01:59 AM
47	XAG	27.20620	27.21330	27.21330	27.20620	01:59 AM
48	XPT	904.05000	906.40000	906.40000	904.05000	11:00 AM
49	XPD	994.08000	1,004.08000	1,004.08000	994.08000	11:00 AM
2,120	VES	36.29670	36.38780	36.38776	36.29673	08:00 PM
2,212	UGX	3,765.16000	3,849.24000	3,849.24417	3,765.15873	09:00 PM
2,213	TZS	2,589.99000	2,590.01000	2,590.01500	2,589.98500	08:25 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	Direction	DateTime
KSE100	72,554.42	72,520.110	72,254.38	468.218	0.650	180,299,897.0	5,868,875,428.090	-1	25/04/2024 11:14 AM
ALLSHR	47,464.49	47,402.962	47,257.84	230.146	0.488	345,719,622.0	10,293,954,834.330	-1	25/04/2024 11:14 AM
KSE30	23,892.50	23,880.850	23,788.58	73.032	0.307	39,129,715.0	3,754,872,442.770	-1	25/04/2024 11:14 AM
KMI30	122,036.66	121,754.391	121,280.92	591.933	0.489	56,922,350.0	3,644,477,113.190	-1	25/04/2024 11:14 AM
KMIALLSHR	33,911.33	33,899.216	33,748.77	242.696	0.721	235,554,883.0	8,722,629,241.120	-1	25/04/2024 11:14 AM
BKTi	17,892.58	17,883.016	17,727.99	-5.593	-0.031	4,954,488.0	611,799,108.670	-1	25/04/2024 11:14 AM
OGTi	17,026.85	16,993.060	16,941.69	36.488	0.215	1,602,608.0	220,992,120.900	-1	25/04/2024 11:14 AM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	64,250.0	64,650.0	63,735.0	370.00
BRENT CRUDE	EB	88.2	88.2	87.8	0.14
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-2.40
ROTTERDAM COAL MONTHLY	ET	120.0	0.0	0.0	1.10
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	82.9	83.0	82.6	0.12
SUGAR #11 WORLD	SB	19.6	19.8	19.5	-0.02

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