SGF board recommends Rs4.5bn investment renewal in Service Industries

By MG News | February 21, 2024 at 03:11 PM GMT+05:00

0:00

February 21, 2024 (MLN): The Board of Directors (BoD) of Service GlobalFootwear Limited (PSX: SGF) has recommended the renewal of investment of up to Rs4.5 Billion in the form of a working capital loan to Service Industries Limited.

This information was disclosed by the company in its financial results reported to the local bourse today.

It is pertinent to note that Service Industries is a holding/associated company, and this investment is for a further period of one year until June 30, 2025, with all other terms and conditions of the investment remaining unchanged.

SGF is involved in the manufacturing, sale, marketing, import and export of footwear, leather and allied products.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	125,627.31 258.99M	1.00% 1248.25
ALLSHR	78,584.71 1,142.41M	1.16% 904.89
KSE30	38,153.79 69.25M	0.63% 238.06
KMI30	184,886.50 91.38M	0.01% 13.72
KMIALLSHR	53,763.81 554.57M	0.54% 290.61
BKTi	31,921.68 33.15M	1.78% 557.94
OGTi	27,773.98 9.65M	-0.40% -112.21

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,815.00	107,955.00 107,505.00	-420.00 -0.39%
BRENT CRUDE	66.51	66.63 66.48	-0.23 -0.34%
RICHARDS BAY COAL MONTHLY	97.00	97.00 97.00	1.05 1.09%
ROTTERDAM COAL MONTHLY	107.65	107.65 105.85	1.25 1.17%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	64.87	65.02 64.82	-0.24 -0.37%
SUGAR #11 WORLD	16.19	16.74 16.14	-0.52 -3.11%