PIBTL terms queries pertaining to coal supply ordinary course of business

Nilam Bano | November 30, 2022 at 10:06 AM GMT+05:00

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November 30, 2022 (MLN): In response to the inquiry letter by PSX, the management of Pakistan International Bulk Terminal Limited (PIBTL) clarified that the company has a terminal designed for handling coal/clinker/cement, etc., and it is normal to receive customers' queries regarding our services during the ordinary course of business.

“The company is fully cognizant of the requirements with regard to the dissemination of material information which are applicable to the company and if and when there will be any material information, the same will be disseminated strictly in accordance with the applicable requirements of the Securities Act, 2015 and Rule Book of Pakistan Stock Exchange Limited,” the notification read.

To note, there was an article published in a well-known newspaper on November 19, 2022, which informed that PIBT expressed willingness to supply Thar coal to 300-MW Gwadar Port through barges/ ships as the government intends to shift imported coal projects to local coal.

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