Sajjad Textiles Ltd to dispose off its assets to meet investment requirements

MG News | January 24, 2019 at 03:52 PM GMT+05:00

0:00

January 24, 2019 (MLN): The Board of Directors of Sajjad Textile Mills Limited has decided to hold an Extra Ordinary General Meeting on February 18, 2019, to seek the approval of shareholders for the disposal of Land, Building and other assets of the Company.

The company shall utilize the sale proceeds partially to meet the pressing liabilities of the Company, and to start trading of yarn, cotton, fiber and investment in listed securities along with the amount generated from renting or letting out of the company’s premises approved by the Board of Directors in its meeting held on 24^th January, 2019.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	136,502.54 259.91M	1.64% 2202.77
ALLSHR	85,079.90 838.35M	1.26% 1061.74
KSE30	41,552.62 97.27M	1.81% 738.33
KMI30	193,330.76 84.69M	0.39% 741.60
KMIALLSHR	56,315.31 366.02M	0.43% 243.06
BKTi	38,498.08 37.91M	4.13% 1526.33
OGTi	28,138.38 5.66M	-0.36% -101.89

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	120,080.00	123,615.00 118,675.00	1550.00 1.31%
BRENT CRUDE	69.15	71.53 69.08	-1.21 -1.72%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.25 0.26%
ROTTERDAM COAL MONTHLY	106.50	106.60 106.50	-2.20 -2.02%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.90	69.65 66.84	-1.55 -2.26%
SUGAR #11 WORLD	16.31	16.67 16.27	-0.26 -1.57%