Packages' subsidiary BSPL resumes plant operations

News Image

MG News | February 14, 2022 at 02:44 PM GMT+05:00

0:00

February 14, 2022 (MLN): Following the fire incident on February 9, 2022, Bulleh Shah Packaging (Private) Limited (BSPL), a wholly-owned subsidiary of Packages Limited (PKGS) has resumed the plant operation and deliveries to its customers, the company filing on PSX showed on Monday.

The fire incident was occurred at the warehouse of BSPL, situated in Kasur at around 06:30 PM on February 9, 2022.

Later, PKGS issued a notice and informed that the fire was brought under control using the in-house firefighting system and with the help of local administration.

The notice further stated that the cause of the accident and the extent of damage is under investigation. BSPL is also in contact with the insurance company and taking appropriate steps to ensure an early start of the repair works.

There was no damage to key critical equipment and BSPL has contingency plans in place for continued supplies to its customers.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 156,177.82
367.85M
-0.00%
-3.12
ALLSHR 95,630.38
1,498.37M
-0.06%
-60.44
KSE30 47,678.47
206.79M
-0.08%
-35.92
KMI30 229,682.22
174.86M
-0.02%
-39.87
KMIALLSHR 64,366.76
638.47M
-0.08%
-53.31
BKTi 41,922.80
89.51M
-0.11%
-46.72
OGTi 31,735.79
16.87M
-0.80%
-255.97
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,195.00 118,270.00
116,115.00
2370.00
2.05%
BRENT CRUDE 67.84 68.01
67.50
-0.11
-0.16%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 93.50 93.50
93.50
0.15
0.16%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.59 63.82
63.24
-0.46
-0.72%
SUGAR #11 WORLD 16.23 16.59
16.23
-0.33
-1.99%

Chart of the Day


Latest News
September 18, 2025 at 12:19 AM GMT+05:00

Pakistan, Saudi Arabia sign Strategic Mutual Defense Agreement


September 17, 2025 at 11:55 PM GMT+05:00

Fed delivers 25 basis-point rate cut


September 17, 2025 at 05:37 PM GMT+05:00

Auction Result: Govt raises Rs201bn through T-bills


September 17, 2025 at 04:59 PM GMT+05:00

Hala Enterprises to increase weaving capacity by 75%


September 17, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: Flatlined but Holding On



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg