Sazgar Engineering completes assembly of GWM "HAVAL" vehicles

MG News | July 01, 2022 at 03:29 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

July 01, 2022 (MLN): Sazgar Engineering Works Limited (PSX: SAZEW) has successfully completed manufacturing facilities as of June 30, 2022, for the manufacturing/assembly of GWM "HAVAL" vehicles, the company filing on PSX showed today.

The trial operation will be commenced with effect from July 15, 2022, whereas commercial production is expected from October 01, 2022.

To recall, SAZEW had joined hands with Haval, which is an automotive marque owned by famous Chinese automaker GreatWall Motors (GWM) in March 2021.

The vehicle assembly and technical cooperation agreement with Haval/ GWM included the assembly, sales, and after-sales service of passenger & commercial vehicles.

At the time of writing, the scrip of the company is being traded at Rs.65.20, up by 3.08 rupees or 4.96% DoD.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	168,155.49 146.93M	-0.29% -481.36
ALLSHR	101,821.25 491.54M	-0.27% -275.83
KSE30	50,151.61 66.23M	-0.22% -111.06
KMI30	240,694.06 56.00M	-0.34% -821.69
KMIALLSHR	65,906.19 236.46M	-0.35% -230.83
BKTi	46,796.32 10.20M	-0.20% -94.16
OGTi	34,362.14 4.89M	0.39% 134.82

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	86,805.00	87,395.00 84,680.00	2215.00 2.62%
BRENT CRUDE	101.50	103.40 101.29	-0.75 -0.73%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	1.00 0.78%
ROTTERDAM COAL MONTHLY	140.00	0.00 0.00	-3.15 -2.20%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	90.10	91.88 89.89	-1.01 -1.11%
SUGAR #11 WORLD	19.91	0.00 0.00	-0.02 -0.10%