GFIL approves Rs500m bid for land asset

09-Jan-2026


MettisGlobal


January 09, 2026 (MLN):Ghazi Fabrics International Limited (PSX: GFIL) held a Board of Directors meeting on January 09, 2026.

The Board approved the highest bid price of Rs500m, as recommended by the Audit Committee, for the sale of an extra piece of land owned by the company.

The approved bid price is higher than the assessed market value of the land, according to the on PSX revealed today.

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