CFL · Crescent Fibres Limited
Crescent Fibres to Sell Land and Building of Spinning Unit-1
Official PSX filing title: MATERIAL INFORMATION-SALE OF LAND
- Filed
- 16 October 2026 at 2:49 pm
- Category
- Material
- Sentiment
- Neutral
- Impact
- Medium
Executive summary
The Board of Directors of Crescent Fibres Limited has recommended the sale of 14 acres of land and the associated building of its Spinning Unit-1 located in Nooriabad, S.I.T.E., District Jamshoro. The company will hold an Extraordinary General Meeting (EOGM) on November 10, 2026, to seek shareholder approval for this transaction.
- #asset-sale
- #eogm
- #spinning-unit
- #corporate-restructuring
Please cross-check with the official PSX filing before making an investment decision.