Imperial Limited set to sell key assets

By MG News | December 26, 2024 at 01:40 PM GMT+05:00

0:00

December 26, 2024 (MLN): The shareholders of Imperial Limited (PSX: IML) have given their consent for the sale and disposal of the company's assets located at Karmanwala, Tehsil Phalia, District Mandi Bahauddin.

The resolution encompasses the divestment of Freehold Land, Buildings on Freehold Land, Plant and Machinery, Furniture & Fixtures, Equipment, and other associated assets.

In addition, the Board of Directors is authorized and empowered for the Assets Sale.

The Board may delegate its powers to the Chief Executive Officer (CEO) or any other person on such terms and conditions they deem fit, to act on behalf of the Company.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	125,627.31 258.99M	1.00% 1248.25
ALLSHR	78,584.71 1,142.41M	1.16% 904.89
KSE30	38,153.79 69.25M	0.63% 238.06
KMI30	184,886.50 91.38M	0.01% 13.72
KMIALLSHR	53,763.81 554.57M	0.54% 290.61
BKTi	31,921.68 33.15M	1.78% 557.94
OGTi	27,773.98 9.65M	-0.40% -112.21

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,605.00	108,105.00 107,505.00	-630.00 -0.58%
BRENT CRUDE	66.42	66.63 66.34	-0.32 -0.48%
RICHARDS BAY COAL MONTHLY	97.00	97.00 97.00	1.05 1.09%
ROTTERDAM COAL MONTHLY	107.65	107.65 105.85	1.25 1.17%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	64.76	65.02 64.67	-0.35 -0.54%
SUGAR #11 WORLD	16.19	16.74 16.14	-0.52 -3.11%