Sazgar to acquire land worth Rs847m for four wheeler project

MG News | January 10, 2024 at 09:47 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

January 10, 2024 (MLN): The Board of Directors (BoD) of Sazgar Engineering Works Limited (PSX: SAZEW) has approved the acquisition of land worth approximately Rs847 million adjacent to the four-wheeler project, the company said in a notice sent to the local bourse today.

The land measures nearly 110 kanals, and its final value is subject to the actual measurement of land.

The Chief Executive of the SAZEW has been authorized to negotiate and finalize the terms and conditions and to fulfill all the legal formalities to complete the said purchase of land, it said.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	177,322.78 218.45M	-0.03% -47.93
ALLSHR	107,545.62 611.68M	-0.16% -170.58
KSE30	52,748.13 109.41M	-0.15% -79.11
KMI30	250,923.14 114.37M	-0.26% -656.80
KMIALLSHR	69,357.47 341.55M	-0.25% -170.67
BKTi	50,191.95 23.34M	-0.24% -121.95
OGTi	36,022.65 8.50M	-1.33% -487.29

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,470.00	80,590.00 78,525.00	1950.00 2.48%
BRENT CRUDE	88.75	89.51 86.22	0.91 1.04%
RICHARDS BAY COAL MONTHLY	110.30	0.00 0.00	0.85 0.78%
ROTTERDAM COAL MONTHLY	124.80	0.00 0.00	0.60 0.48%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	82.34	83.14 80.65	0.11 0.13%
SUGAR #11 WORLD	17.94	18.11 17.55	0.35 1.99%