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FCEL negotiating with secured creditors

FCEL negotiating with secured creditors
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January 06, 2023 (MLN): First Capital Equities Limited (FCEL) is settling its overdue financial obligations with secured creditors/financial institutions on some favorable terms, a progress report issued by the company on Friday revealed.

The company will revise its business plan and implement it momentarily in the real estate sector, once negotiations are settled with financial institutions.

Furthermore, the company has claimed to maintain compliance with PSX regulations and make necessary disclosures. 

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Posted on: 2023-01-06T16:35:23+05:00