Thall Limited to create $2.8m asset charge for ThalNova Power Thar

News Image

By MG News | October 23, 2023 at 01:41 PM GMT+05:00

0:00

October 23, 2023 (MLN): The Board of Directors (BoD) of Thall Limited (THALL) has decided to create a charge on its assets up to $2.8 million for the purpose of securing the obligations of ThalNova Power Thar (Private) Limited (TN), THALL’s filing on local bourse revealed today.

The board has decided to either create a charge or provide necessary security as required by banks/financial institutions.

This commitment will be valid for 10 years or until the sponsors' liabilities are settled, whichever is later.

THALL will secure TN’s obligations under the letter of credit issued in favor of the Central Power Purchasing Agency (Guarantee) Limited.

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 107,905.00 107,905.00
107,530.00
-330.00
-0.30%
BRENT CRUDE 66.52 66.63
66.52
-0.22
-0.33%
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 64.86 65.02
64.83
-0.25
-0.38%
SUGAR #11 WORLD 16.19 16.74
16.14
-0.52
-3.11%

Chart of the Day


Latest News
June 30, 2025 at 11:55 PM GMT+05:00

TRG: Dominos Tumbling for the Management


June 30, 2025 at 10:08 PM GMT+05:00

SBP’s March FX intervention stands at $860m



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg