Systems Limited contemplates Rs590m loan renewal

MG News | April 19, 2024 at 04:29 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

April 19, 2024 (MLN): The shareholders of Systems Limited (PSX: SYS) have resolved to consider and, if thought fit, approve the renewal of loans worth Rs590 million to three of its subsidiaries and associated companies, said a notice issued by the company on Friday.

This includes a Rs50m loan to SUS Joint Venture (Private) Limited, a subsidiary of the SYS.

Furthermore, the renewal of loans to two of the company’s associates, UUS Joint Venture (Private) Limited worth Rs200m and EProcessing Systems (Private) Limited worth Rs340m, is currently under consideration.

Copyright Mettis Link News

Related News

Auto assemblers accelerate profit growth in FY26

PSX Closing Bell: A Mild Upswing

SE Fruits & Vegetable IPO fully subscribed within 2 hours

Name	Price/Vol	%Chg/NChg
KSE100	171,153.17 162.52M	0.16% 268.58
ALLSHR	103,477.03 691.59M	0.17% 179.80
KSE30	50,901.99 58.56M	0.04% 18.99
KMI30	243,765.66 75.35M	0.26% 626.41
KMIALLSHR	67,087.03 368.61M	0.16% 107.81
BKTi	47,614.72 15.03M	-0.06% -27.39
OGTi	34,853.92 4.57M	-0.80% -282.58

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	86,235.00	86,950.00 86,175.00	-355.00 -0.41%
BRENT CRUDE	100.71	100.83 100.22	0.37 0.37%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	6.10 4.92%
ROTTERDAM COAL MONTHLY	138.50	0.00 0.00	1.45 1.06%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	92.64	92.76 91.75	0.27 0.29%
SUGAR #11 WORLD	18.38	18.60 18.15	0.14 0.77%