sngp News
SNGP clarifies CEA tax dispute after LHC rules in its favor
Sui Northern Gas Pipelines Limited (PSX:SNGP) has secured a favorable decision from the Lahore High Court regarding a disputed tax demand linked to Cost Equalization Adjustment (CEA) expenditure, with the court ruling that the amount qualifies as "wholly and exclusively for the purpose of business."
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SNGP approves wholly owned subsidiary with Rs1bn capital
The Board of Directors of Sui Northern Gas Pipelines Limited (PSX: SNGP) has approved the formation and registration of a wholly owned subsidiary company with an authorized share capital of Rs1 billion and an initial paid-up capital of Rs50 million.
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 170,672.04 445.22M | 0.89% 1498.66 |
| ALLSHR | 102,034.89 1,183.13M | 0.89% 901.14 |
| KSE30 | 51,809.61 215.26M | 1.15% 591.24 |
| KMI30 | 244,986.87 146.15M | 1.11% 2692.35 |
| KMIALLSHR | 66,123.66 456.32M | 1.13% 736.83 |
| BKTi | 48,171.04 144.41M | 1.14% 545.15 |
| OGTi | 35,705.20 10.10M | 1.47% 516.25 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 78,110.00 | 79,095.00 77,690.00 | -125.00 -0.16% |
| BRENT CRUDE | 105.88 | 107.48 103.41 | 0.81 0.77% |
| RICHARDS BAY COAL MONTHLY | 104.00 | 104.00 104.00 | -1.05 -1.00% |
| ROTTERDAM COAL MONTHLY | 103.50 | 106.70 102.75 | -2.00 -1.90% |
| USD RBD PALM OLEIN | 1,191.50 | 1,191.50 1,191.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 94.88 | 97.85 92.68 | -0.97 -1.01% |
| SUGAR #11 WORLD | 14.10 | 14.16 13.87 | 0.21 1.51% |
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