Displaying items by tag: Islamabad

Pakistan: Fecto Cement has resumed full operations at its Sangjani cement plant in Islamabad following a ruling by the Islamabad High Court (IHC) that deemed the previous suspension of activities ‘illegal and without lawful authority.’ The company confirmed the development in a notice to the Pakistan Stock Exchange, stating that full plant operations had resumed, and that production has recommenced as normal. Fecto Cement said that the suspension ‘had no material adverse effect’ on its long-term financial position or operations.