In a latest notification to the Pakistan Stock Exchange, the Agritech Limited (PSX: AGL) announced that the Urea plant of the company has shut down on 30-11-2020 due to Gas Curtailment by Government of Pakistan due to winter load management.
In a latest ntification to PSX, Matco Foods Limited (MFL) has approved the business plan of the Corn-Starch business in Allama Iqbal Industrial Estate SZE, which shall be financed through mixed of debt and Equity. The estimated cost of the business plan is as follow: Please follow and like us:
Samba Bank Ltd approve issuance of additional Tier 2 Capital Term Finance Certificates of up to Rs. 5 Bn
In a notification to the PSX, Samba Bank Limited (PSX:SBL) has infored that its Board of Directors have approved the issuance of Additional Tier 2 Capital Term Finance Certificates of up to PKR 5,000 million. The bank approved issuance of the TFC as an instrument of redeemable capital under Section 66(1) of the Companies Act, […]
In a latest notification issued to PSX, Avanceon Limited (PSX:AVN) announced that it has incorporated a new wholly owned subsidiary in the State of Qatar with the name Avanceon QFZ LLC. The Qatari Government has established Free Zones in Qatar Doha whereby allowing to incorporate Companies with full foreign ownership without having the need of […]