IML decides to sell company’s assets located at Karmanwala, Tehsil Phalia

MG News | October 28, 2022 at 12:36 PM GMT+05:00

0:00

October 28, 2022 (MLN): The board of directors of Imperial Limited (IML) on Friday approved the sale of the company's assets located at Karmanwala, Tehsil Phalia comprised of freehold land, buildings on freehold land, plant and machinery, furniture and fixtures, equipment and other assets, the company’s filings on the stock exchange showed on Friday.

The further company added, “As part and parcel of the foregoing consent, the board be and are hereby authorized and empowered for the asset’s sale”.

The board may delegate its powers to Chief Executive Officer or any other person on such terms and conditions they deem fit to act on behalf of the company in doing and performing all acts and deeds to implement and give effect to the asset sale and the transaction contemplated by it, the report added.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	157,953.47 555.47M	1.14% 1775.65
ALLSHR	96,741.22 1,957.60M	1.16% 1110.83
KSE30	48,198.94 249.79M	1.09% 520.47
KMI30	232,694.17 290.89M	1.31% 3011.94
KMIALLSHR	65,027.13 1,019.78M	1.03% 660.37
BKTi	42,489.56 84.10M	1.35% 566.75
OGTi	31,779.36 15.21M	0.14% 43.57

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,885.00	118,295.00 116,115.00	2060.00 1.78%
BRENT CRUDE	67.20	68.42 67.19	-0.75 -1.10%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	94.00	94.50 94.00	0.45 0.48%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	63.03	64.20 63.03	-0.67 -1.05%
SUGAR #11 WORLD	16.13	16.27 15.89	-0.14 -0.86%