FFBL approves investment in Fauji Foods not exceeding Rs 3.5 billion

10:40
November 25, 2020
MG

November 25, 2020 (MLN): The Shareholders of Fauji Fertilizer Bin Qasim Limited (FFBL) in Extra General Meeting held today, have authorized the company to invest, provide and continue sponsor support to Fauji Foods Limited (FFL) the amount not exceeding in the range of Rs 3,500,000,000.

This investment will be made through either, or a combination of a subordinated shareholder loan or collateral support for a period not exceeding one year as security.

Moreover, shareholders also authorized the Company for provision of collateral support to FFL in respect of the PKR 6.067 billion long term finance facility for the duration of the long term loan to be availed by FFL.

Copyright Mettis Link News

Posted on: 2020-11-25T15:40:00+05:00

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PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.20000	278.40000	278.40000	278.20000	01:03 PM
2	EUR	1.06543	1.06546	1.06546	1.06543	01:26 PM
3	GBP	1.23841	1.23847	1.23847	1.23841	01:26 PM
4	CHF	0.90962	0.90974	0.90974	0.90962	01:26 PM
5	JPY	154.57600	154.58400	154.58400	154.57600	01:26 PM
6	CAD	1.37402	1.37415	1.37415	1.37402	01:26 PM
7	AUD	0.64223	0.64227	0.64227	0.64223	01:26 PM
8	INR	83.39960	83.40640	83.40640	83.39960	01:26 PM
9	SAR	3.75120	3.75140	3.75140	3.75120	10:26 PM
10	AED	3.67210	3.67310	3.67310	3.67210	10:20 PM
11	HKD	7.83303	7.83344	7.83344	7.83303	01:26 PM
12	CNH	7.24870	7.24930	7.24930	7.24870	01:26 PM
13	CNY	7.23820	7.23920	7.23920	7.23820	11:17 PM
14	THB	36.77900	36.91300	36.91300	36.77900	01:26 PM
15	MYR	4.78150	4.78650	4.78650	4.78150	12:29 PM
16	IDR	16,204.80000	16,218.30000	16,218.30000	16,204.80000	01:26 PM
17	SGD	1.36116	1.36128	1.36128	1.36116	01:26 PM
18	NZD	0.58918	0.58924	0.58924	0.58918	01:26 PM
19	MXN	17.17920	17.18420	17.18417	17.17917	01:26 PM
20	TRY	32.57430	32.59760	32.59759	32.57434	01:26 PM
21	SEK	10.92520	10.92890	10.92886	10.92524	01:26 PM
22	ZAR	19.07520	19.09560	19.09560	19.07520	01:26 PM
23	NOK	11.01770	11.02370	11.02365	11.01767	01:26 PM
24	DKK	7.00239	7.00321	7.00321	7.00239	01:26 PM
25	ARS	870.77400	870.78400	870.78370	870.77370	01:26 PM
26	BDT	108.06500	111.44600	111.44612	108.06470	07:19 AM
27	BHD	0.37700	0.37710	0.37710	0.37700	08:32 PM
28	BRL	5.19170	5.19470	5.19470	5.19170	01:26 PM
29	KRW	1,376.69000	1,377.33000	1,377.33000	1,376.69000	01:26 PM
30	KWD	0.30835	0.30845	0.30845	0.30835	10:26 PM
31	LKR	298.75800	305.33300	305.33326	298.75827	07:19 AM
32	OMR	0.38498	0.38515	0.38515	0.38498	06:50 PM
33	QAR	3.64600	3.64900	3.64900	3.64600	10:26 PM
34	RUB	93.20000	94.60000	94.60000	93.20000	12:48 PM
35	AFN	71.00000	73.00000	73.00000	71.00000	11:05 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:27 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	12:29 PM
38	MVR	15.25000	15.65000	15.65000	15.25000	12:35 PM
39	UZS	12,670.00000	12,740.00000	12,740.00000	12,670.00000	01:07 PM
40	PHP	57.44800	57.49500	57.49500	57.44800	01:26 PM
42	NGN	1,149.00000	1,153.00000	1,153.00000	1,149.00000	12:36 PM
43	KES	133.00000	134.00000	134.00000	133.00000	12:10 PM
44	AMD	392.60000	392.60000	392.60000	392.60000	07:55 AM
45	TWD	32.53090	32.56090	32.56090	32.53090	01:26 PM
46	XAU	2,399.62000	2,399.84000	2,399.84000	2,399.62000	01:25 PM
47	XAG	28.74820	28.75780	28.75780	28.74820	01:25 PM
48	XPT	934.25000	935.75000	935.75000	934.25000	10:26 PM
49	XPD	1,018.83000	1,026.65000	1,025.50000	1,020.75000	10:25 PM
2,120	VES	36.25120	36.34210	36.34210	36.25125	12:29 PM
2,212	UGX	3,768.41000	3,852.95000	3,852.94560	3,768.40998	07:19 AM
2,213	TZS	2,591.49000	2,591.51000	2,591.51500	2,591.48500	11:41 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	70,968.98	70,909.904	70,186.93	619.785	0.882	214,724,945.0	13,651,927,649.760	19/04/2024 05:13 PM
ALLSHR	46,573.62	46,547.234	46,105.96	339.379	0.735	475,634,499.0	23,214,193,723.360	19/04/2024 05:13 PM
KSE30	23,393.38	23,376.569	23,058.97	282.759	1.224	116,554,680.0	11,831,374,214.290	19/04/2024 05:13 PM
KMI30	118,779.97	118,572.725	117,247.45	1,218.125	1.038	148,956,005.0	11,119,881,421.450	19/04/2024 05:13 PM
KMIALLSHR	33,051.27	33,022.390	32,695.54	298.524	0.912	317,804,569.0	19,951,289,708.390	19/04/2024 05:13 PM
BKTi	17,861.34	17,826.912	17,489.40	244.864	1.393	16,782,769.0	1,601,100,031.210	19/04/2024 05:13 PM
OGTi	16,766.60	16,652.098	16,435.08	192.159	1.167	13,610,174.0	1,842,349,761.040	19/04/2024 05:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	64,330.0	65,640.0	59,635.0	670.00
BRENT CRUDE	EB	87.6	90.8	86.2	0.45
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-6.15
ROTTERDAM COAL MONTHLY	ET	120.0	0.0	0.0	-0.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	82.6	85.6	81.1	0.47
SUGAR #11 WORLD	SB	19.6	19.8	19.3	0.03

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