Kohinoor Spinning Mills Limited informed Pakistan Stock Exchange about transaction of shares of the company. 6,960,250 shares @ Rs. 1.25 per share were bought from the market on June 07, 2020, 6,960,250 shares @ Rs. 1.25 per share were sold in the market on June 07, 2020, 504,750 shares @ Rs. 1.25 per share were bought from the market on June 07, 2020, 504,750 shares @ Rs. 1.25 per share were sold in the market on June 07, 2020 and 1,318,000 shares @ Rs. 1.25 per share were bought from the market on June 07, 2020 through CDC.

The announcement is available at:

https://dps.psx.com.pk/download/image/149719-1.gif

Kohinoor Spinning Mills Limited deals in Yarn having Super Lemon Brand. Production Capacity is 20.00 Million Kgs and the Mill Installed has 59,928 Spindles. Chakwal Group is a well known industrial group of Pakistan. It started its textile operations in 1974 when Kohinoor Spinning Mill unit 1 was incorporated. Since then Chakwal Group has expanded its operations in textile manufacturing and has diversified into other sectors as well. Currently it operates 6 spinning mills comprising of 160,000 spindles one weaving unit with 160 wide and narrow width looms under the textile umbrella.

The symbol "KOSM" is being used by the stock exchanges for the shares of Kohinoor Spinning Mills Limited.

© Pakistan Press International, source Asianet-Pakistan