Yousuf Weaving Mills to increase authorized capital to Rs2bn

MG News | January 24, 2022 at 02:56 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

January 24, 2022 (MLN): The board of directors of Yousuf Weaving Mills Limited, have decided to increase the company’s authorized capital to Rs2 billion, the company’s filing on bourse showed today.

Additionally, the board also approved the revival business plan and considered all measures in respect of the spinning unit’s contribution to the revival business plan but not limited to disposal/transfer of the spinning unit’s assets.

The aforesaid resolution is subject to the approval of the shareholders of the company in their general meeting which is recommended to be held on March 4, 2022.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	179,927.05 365.01M	-1.27% -2314.73
ALLSHR	109,270.69 838.76M	-1.19% -1312.98
KSE30	53,705.71 89.34M	-1.33% -726.00
KMI30	253,531.92 109.38M	-1.32% -3382.29
KMIALLSHR	70,152.63 543.97M	-1.25% -888.68
BKTi	50,997.50 18.73M	-1.38% -715.26
OGTi	36,216.08 8.18M	-1.21% -443.50

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	62,385.00	62,470.00 61,925.00	35.00 0.06%
BRENT CRUDE	84.82	84.89 83.68	1.52 1.82%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.15 -1.08%
ROTTERDAM COAL MONTHLY	119.35	119.35 119.35	2.00 1.70%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	79.63	79.70 77.86	1.49 1.91%
SUGAR #11 WORLD	14.76	14.98 14.62	-0.12 -0.81%