Reliance Weaving Mills Limited (REWM) has decided in principle to invest up to PKR 3,500 Million in the Spinning Project and PKR 1,000 Million in the Weaving Project with proportionate funding from Debt & Equity Financing.
The decision was taken by Board of the Directors of the company as per the notice to the Pakistan Stock Exchange, which is subject to the compliance of all statutory & legal requirements.
Reliance Weaving Mills is a Fatima Group company principally engaged in the manufacture and sale of yarn and fabric.
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