FNEL’s subsidiary starts commercial operations

MG News | October 24, 2023 at 12:33 PM GMT+05:00

0:00

October 24, 2023 (MLN): FNE Developments (Pvt.) Ltd, a wholly-owned subsidiary of First National Equities Limited (PSX: FNEL) has formally commenced commercial operations, the latest FNEL’s notice to the PSXS showed today.

The company's principal objective is to acquire, develop, market, and sell prime real estate.

This disclosure is subject to aim for the dissemination of information to the general public.

"The company is hopeful that the business in the real estate development sector will have a positive impact on FNEL's shareholder's value." the notice further reads.

Copyright Mettis Link News

Related News

Weekly Market Roundup

PSX Closing Bell: Bears Tighten Their Grip

Barrick reaffirms strong commitment to Reko Diq

Name	Price/Vol	%Chg/NChg
KSE100	150,398.71 270.15M	-1.06% -1612.55
ALLSHR	90,084.08 469.39M	-0.93% -849.88
KSE30	45,453.36 99.47M	-1.14% -522.50
KMI30	218,271.12 195.05M	-0.92% -2019.44
KMIALLSHR	58,965.48 294.49M	-0.81% -483.69
BKTi	41,775.34 33.94M	-0.76% -317.96
OGTi	31,328.42 11.96M	-0.61% -192.61

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	67,165.00	67,625.00 66,480.00	-15.00 -0.02%
BRENT CRUDE	109.24	109.74 99.08	8.08 7.99%
RICHARDS BAY COAL MONTHLY	112.50	0.00 0.00	6.40 6.03%
ROTTERDAM COAL MONTHLY	113.00	114.50 113.00	-0.40 -0.35%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	112.06	113.97 97.50	11.94 11.93%
SUGAR #11 WORLD	14.96	15.50 14.91	-0.33 -2.16%