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	170,498.95 314.82M	-1.01% -1733.57
ALLSHR	103,103.10 757.94M	-1.08% -1128.70
KSE30	50,739.70 126.19M	-1.06% -544.11
KMI30	244,205.17 97.93M	-1.06% -2620.36
KMIALLSHR	66,873.02 444.70M	-1.20% -810.61
BKTi	47,132.90 22.64M	-0.97% -463.02
OGTi	34,962.57 7.69M	-1.18% -418.33

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	84,945.00	84,945.00 84,945.00	585.00 0.69%
BRENT CRUDE	106.76	108.23 101.83	3.68 3.57%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	6.50 5.26%
ROTTERDAM COAL MONTHLY	137.10	0.00 0.00	-0.15 -0.11%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	94.76	96.78 91.23	2.60 2.82%
SUGAR #11 WORLD	18.63	19.07 18.54	-0.17 -0.90%