CFL · Crescent Fibres Limited
MATERIAL INFORMATION
- Filed
- 28 September 2026 at 11:50 am
- Category
- Material
- Sentiment
- Neutral
- Impact
- Medium
AI executive summary
Crescent Fibres Limited announced that its Board of Directors approved the highest bids for the sale of portions of plant, machinery, equipment, stores, and ancillaries of Spinning Unit-1 in Nooriabad for an aggregate amount of up to PKR 241.5 million, citing the old and obsolete nature of the assets.
- #asset sale
- #spinning unit
- #plant machinery
- #material information
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.