FCEL negotiates debt settlements

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

Add Mettisglobal as a Trusted Source on Google

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	171,153.17 162.52M	0.16% 268.58
ALLSHR	103,477.03 691.59M	0.17% 179.80
KSE30	50,901.99 58.56M	0.04% 18.99
KMI30	243,765.66 75.35M	0.26% 626.41
KMIALLSHR	67,087.03 368.61M	0.16% 107.81
BKTi	47,614.72 15.03M	-0.06% -27.39
OGTi	34,853.92 4.57M	-0.80% -282.58

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	86,010.00	86,455.00 80,410.00	4680.00 5.75%
BRENT CRUDE	99.91	104.90 98.98	-3.96 -3.81%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	6.10 4.92%
ROTTERDAM COAL MONTHLY	138.50	0.00 0.00	1.45 1.06%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	92.06	97.22 91.19	-4.02 -4.18%
SUGAR #11 WORLD	18.38	18.60 18.15	0.14 0.77%