FCEL continues negotiations with creditors to resolve financial obligations

News Image

MG News | April 08, 2024 at 11:56 AM GMT+05:00

0:00

April 08, 2024 (MLN): First Capital Equities Limited (PSX: FCEL) is currently in the process of negotiations with secured creditors/financial institutions for the settlement of its overdue financial obligations, as revealed in the entity's progress report issued to the local bourse today.

Moreover, concerning the future business plan, the company is considering various strategic options, including real estate projects.

As soon as the settlement is done with the financial institutions, the company will implement its revised business plans.

It is important to mention that the principal activity of the company is to acquire, construct, develop, sell, rent out, and manage shops, apartments, villas, and commercial buildings.

Copyright Mettis Link News

 

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,315.00 119,440.00
118,260.00
20.00
0.02%
BRENT CRUDE 72.68 73.17
71.75
0.17
0.23%
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 69.35 69.79
68.45
0.14
0.20%
SUGAR #11 WORLD 16.43 16.58
16.40
-0.16
-0.96%

Chart of the Day


Latest News
July 30, 2025 at 05:17 PM GMT+05:00

Pakistan consumer confidence falls to 40.1 points in July


July 30, 2025 at 05:03 PM GMT+05:00

PKR rises by 10 paisa against USD


July 30, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: You Can’t Always Get What You Want


July 30, 2025 at 03:47 PM GMT+05:00

CCP resolves 223 cases, recovers Rs360m



Top 5 things to watch in this week

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