The Crescent Textile Mills Limited informed Pakistan Stock Exchange that the Board of Directors of the Company has appointed M. Khalid Bashir as Chairman of the Board for three years term of the Board commencing from May 17, 2020.

Further, Mr. Muhammad Anwar has been reappointed as Chief Executive Officer for a term of three years commencing from June 01, 2020.

The announcement is available at:

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The Crescent Textile Mills Limited is a public limited company incorporated in Pakistan. The foundations of the company are laid under the principals of the Companies Ordinance, 1984. The company is engaged in the business of textile manufacturing comprising of Made ups, processed fabrics, Greige Fabric and Yarn. These products are made from raw cotton and synthetic fibers. The company also operates a cold storage and a power generation house. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The resistered office of the company is located in Lahore.

The symbol "CRTM" is being used by the stock exchanges for the shares of the Crescent Textile Mills Limited.

© Pakistan Press International, source Asianet-Pakistan