SERF awards Civil Contract of Calcium Carbide project to a renowned firm

MG News | September 28, 2021 at 04:26 PM GMT+05:00

0:00

September 28, 2021 (MLN): Service Fabrics Limited (SERF) is in the process of setting up the import substitute Calcium Carbide project already announced to be set up in the Hattar Economic Zone.

In this respect, Company has awarded the Civil Contract of Calcium Carbide project to an experienced and renowned firm, the company in a notification to Exchange said.

After the selection of the imported portion of the Plant and Machinery, the contract has been signed with the supplier. The Company has received in-principle approval of bank for opening of letter of credits and LC's are expected to be opened shortly after the removal of legal impediments (created due to ceased operating activities since October 2004) to meet the requirements of IRIS (FBR system), the notice added.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,313.86 435.47M	-0.08% -133.44
ALLSHR	103,015.58 1,065.49M	0.03% 32.70
KSE30	51,854.06 241.67M	0.04% 22.42
KMI30	242,259.69 133.89M	-0.76% -1853.91
KMIALLSHR	66,724.18 452.80M	-0.67% -452.45
BKTi	46,861.43 131.81M	1.70% 784.69
OGTi	33,615.26 10.50M	-1.02% -347.09

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	89,490.00	90,565.00 86,325.00	1695.00 1.93%
BRENT CRUDE	59.69	60.40 59.25	0.77 1.31%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	2.15 2.42%
ROTTERDAM COAL MONTHLY	96.50	96.50 95.90	0.85 0.89%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	55.86	56.58 55.08	0.73 1.32%
SUGAR #11 WORLD	14.83	14.89 14.72	0.01 0.07%