Tariq Corporation utilizes Rs198.62m from right issue for working capital

MG News | April 17, 2024 at 11:47 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

April 17, 2024 (MLN): Tariq Corporation Limited (PSX: TCORP) has utilized the entire proceeds received from the right issue subscription worth Rs198.62 million, the company’s quarterly progress report issued to the bourse showed today.

The funds were utilized to fulfill the working capital requirements of the company, rather than any project development.

The company is principally engaged in the business of production and sale of sugar and its by-products.

At the time of writing, TCORP's share is being traded at Rs14.60, down by 4 paisa or 0.27% compared to the last close.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,755.77 153.94M	0.15% 249.46
ALLSHR	102,722.55 378.03M	0.12% 124.56
KSE30	51,126.27 28.48M	0.21% 105.24
KMI30	245,662.79 77.02M	0.38% 926.51
KMIALLSHR	66,889.76 189.78M	0.18% 118.91
BKTi	46,827.74 8.32M	-0.10% -46.36
OGTi	35,919.46 6.18M	0.84% 298.20

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	81,480.00	82,215.00 80,840.00	-705.00 -0.86%
BRENT CRUDE	104.84	105.35 104.23	0.63 0.60%
RICHARDS BAY COAL MONTHLY	110.00	0.00 0.00	-5.00 -4.35%
ROTTERDAM COAL MONTHLY	109.70	110.00 108.15	2.60 2.43%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	98.96	99.28 98.00	0.89 0.91%
SUGAR #11 WORLD	14.95	14.99 14.60	0.26 1.77%