Hascol board approves restructuring, settlement arrangement scheme

10:44
September 26, 2022
MG

September 26, 2022 (MLN): Hascol Petroleum board members on Monday approved the draft scheme of arrangement between the company, secured creditors and members for restructuring and settlement of its existing liabilities towards its creditors, a company filing on the PSX showed.

Earlier on August 24, the company had informed its shareholders that it was nearing a restructuring agreement.

The company has been in financial trouble since 2018 as its revenues have plummeted, losses rose and loans skyrocketed, sending its share price down from over Rs300 four years ago to less than Rs6.63 (as of September 23).

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Posted on: 2022-09-26T10:24:08+05:00

News Id :35233

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	286.70000	286.75000	286.75000	286.70000	03:02 PM
2	EUR	1.04813	1.04821	1.04821	1.04813	01:21 AM
3	GBP	1.20905	1.20915	1.20915	1.20905	01:21 AM
4	CHF	0.91790	0.91804	0.91800	0.91794	01:21 AM
5	JPY	149.84600	149.85900	149.85900	149.84600	01:21 AM
6	CAD	1.36756	1.36760	1.36760	1.36756	01:21 AM
7	AUD	0.63630	0.63670	0.63670	0.63630	01:21 AM
8	INR	83.19410	83.23010	83.23010	83.19410	01:21 AM
9	SAR	3.75050	3.75070	3.75070	3.75050	10:21 AM
10	AED	3.67260	3.67340	3.67340	3.67260	08:58 AM
11	HKD	7.83280	7.83290	7.83290	7.83280	01:21 AM
12	CNH	7.32185	7.32193	7.32193	7.32185	01:21 AM
13	CNY	7.30100	7.30200	7.30200	7.30100	03:37 AM
14	THB	36.95000	36.97000	36.97000	36.95000	01:21 AM
15	MYR	4.71450	4.71950	4.71950	4.71450	12:20 AM
16	IDR	15,539.10000	15,559.80000	15,559.80000	15,539.10000	01:21 AM
17	SGD	1.37293	1.37321	1.37321	1.37293	01:21 AM
18	NZD	0.59420	0.59480	0.59480	0.59420	01:21 AM
19	MXN	17.65620	17.68620	17.68620	17.65620	01:21 AM
20	TRY	27.45420	27.46420	27.46420	27.45420	01:21 AM
21	SEK	11.05560	11.06460	11.06460	11.05560	01:21 AM
22	ZAR	19.21490	19.22480	19.22480	19.21488	01:21 AM
23	NOK	10.85320	10.85740	10.85743	10.85320	01:21 AM
24	DKK	7.11560	7.11651	7.11651	7.11560	01:20 AM
25	ARS	349.98900	349.99800	349.99761	349.98903	01:20 AM
26	BDT	108.60500	112.02200	112.02248	108.60485	04:19 PM
27	BHD	0.37620	0.37700	0.37700	0.37620	07:26 AM
28	BRL	5.06090	5.06390	5.06390	5.06090	01:21 AM
29	KRW	1,357.29000	1,358.20000	1,358.20000	1,357.29000	01:21 AM
30	KWD	0.30925	0.30935	0.30935	0.30925	10:21 AM
31	LKR	321.37000	328.01500	328.01546	321.37009	04:19 PM
32	OMR	0.38493	0.38508	0.38508	0.38493	04:34 AM
33	QAR	3.64460	3.64560	3.64560	3.64460	04:21 AM
34	RUB	99.21500	99.28500	99.28500	99.21500	12:32 AM
35	AFN	77.00000	80.00000	80.00000	77.00000	08:23 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	03:48 PM
37	TMT	3.35000	3.65000	3.65000	3.35000	11:18 PM
38	MVR	15.20000	15.50000	15.50000	15.20000	11:30 PM
39	UZS	12,150.00000	12,250.00000	12,250.00000	12,150.00000	11:40 PM
40	PHP	56.70600	56.75700	56.75700	56.70600	01:21 AM
42	NGN	766.47000	767.47000	767.47000	766.47000	10:32 PM
43	KES	147.35000	149.35000	149.35000	147.35000	11:06 PM
44	AMD	402.21000	402.21000	402.21000	402.21000	05:45 PM
45	TWD	32.34400	32.35600	32.35600	32.34400	01:21 AM
46	XAU	1,828.47000	1,828.67000	1,828.67000	1,828.47000	01:20 AM
47	XAG	21.11820	21.12780	21.12780	21.11820	01:20 AM
2,120	VES	34.33930	34.42540	34.42540	34.33934	11:10 PM
2,212	UGX	3,714.64000	3,800.08000	3,800.07594	3,714.63831	04:19 PM
2,213	TZS	2,509.99000	2,510.01000	2,510.01500	2,509.98500	09:48 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	46,704.64	46,627.084	46,294.62	394.493	0.853	100,351,138.0	6,467,616,919.470	02/10/2023 04:13 PM
ALLSHR	31,406.70	31,372.932	31,186.21	214.226	0.688	202,084,301.0	7,398,967,971.830	02/10/2023 04:13 PM
KSE30	16,185.39	16,149.325	16,017.65	160.114	1.001	53,699,478.0	5,275,148,933.920	02/10/2023 04:13 PM
KMI30	78,892.44	78,736.362	77,821.50	1,066.992	1.374	56,554,790.0	5,259,523,502.310	02/10/2023 04:13 PM
KMIALLSHR	22,863.47	22,844.953	22,656.98	208.498	0.921	146,085,586.0	6,312,968,017.670	02/10/2023 04:13 PM
BKTi	11,143.21	11,062.612	11,001.74	37.177	0.337	7,590,760.0	409,784,504.970	02/10/2023 04:13 PM
OGTi	11,904.91	11,877.063	11,679.48	224.385	1.926	23,950,040.0	2,362,745,036.310	02/10/2023 04:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	28,025.0	28,950.0	27,190.0	925.00
BRENT CRUDE	EB	90.6	93.3	90.4	-1.62
RICHARDS BAY COAL MONTHLY	EF	120.0	0.0	0.0	-9.40
ROTTERDAM COAL MONTHLY	ET	124.5	127.5	124.3	-3.55
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	88.8	91.9	88.5	-2.00
SUGAR #11 WORLD	SB	26.4	26.8	26.3	-0.13