FCEL negotiates debt settlements

MG News | January 07, 2025 at 02:25 PM GMT+05:00

0:00

January 07, 2025 (MLN): First Capital Equities Limited (PSX: FCEL) has reported ongoing negotiations with secured creditors and financial institutions to settle overdue financial obligations on favorable terms.

In its latest progress report, the company highlighted its strategic efforts to address financial challenges and lay the groundwork for future growth.

“The Company is ·also considering other strategic options as part of its future business plan, including real estate projects As soon as the settlement is done with financial institutions the Company will Implement its revised business plans”, the report stated.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	168,289.96 194.27M	-0.52% -883.41
ALLSHR	100,731.36 557.15M	-0.40% -402.39
KSE30	51,060.86 79.03M	-0.31% -157.51
KMI30	241,880.16 57.84M	-0.17% -414.36
KMIALLSHR	65,237.92 215.27M	-0.23% -148.92
BKTi	47,369.83 50.62M	-0.54% -256.06
OGTi	34,948.15 3.48M	-0.68% -240.80

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,905.00	79,095.00 77,760.00	-330.00 -0.42%
BRENT CRUDE	107.05	107.31 105.02	1.98 1.88%
RICHARDS BAY COAL MONTHLY	103.25	0.00 0.00	-1.00 -0.96%
ROTTERDAM COAL MONTHLY	102.10	0.00 0.00	-0.70 -0.68%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	97.40	97.85 95.55	1.55 1.62%
SUGAR #11 WORLD	14.05	14.09 13.87	0.16 1.15%