Oilboy gets supply order of 5,000MTs of Afghan Coal to Pioneer Cement

MG News | March 15, 2022 at 10:28 AM GMT+05:00

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March 15, 2022 (MLN): Oilboy Energy Limited (OBOY) has received an order to supply 5,000 metric tons of Afghan Coal to Pioneer Cement Limited (PIOC) out of which approximately 1,000 Metric ton has been successfully delivered, the company filing on PSX showed on Tuesday.

This is in the line with the amended Memorandum of Association of the company as per which the company has resumed trading activities of “Energy Products”.

To recall, the board of directors of the company, in its meeting held on February 09, 2022, had decided and approved to resume the operating/trading activities of “Energy Products” mainly coal.

The company had already completed the initial necessary tasks that include sales tax registration, operating of bank accounts and registration on PSW to effectuate the trading activities.

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