Nishatabad, Faisalabad - Pakistan,

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Fax : 041-8750366

E-mail info@crescentcotton.com

ADDENDUM TO STATEMENT U/S. 134(3) OF THE COMPANIES ACT, 2017

EOGM TO BE HELD ON JUNE 03, 2024

S.NO

DESCRIPTION

DETAILS

c)

Cost

Cost of

the "Properties"

as

on

March 31, 2024 is as under :-

(RS. IN MLN)

Land

118,020

Buildings

147.700

Plant & Machinery

400.194

Electric Installations

36.899

Stand-by Equipments

68.940

Tools & Equipments

6.457

Vehicles

3.111

Furniture & Fixtures

1.420

Office Equipments

1.452

Service Equipments

0.047

d)

Revalued amount and date of

As per

evaluation reports

of

the

revaluation (if applicable)

registered

evaluator

namely

Evaluation

Focused

Consulting

dated June 19, 2023 the revalued

amount of Land is Rs. 118.020 Mln.

No other asset has been revalued.

e)

Book value

Book value of the "Properties"

as

on March, 31, 2024 is as under :-

(RS. IN MLN)

Land

118,020

Buildings

73.443

Plant & Machinery

215.500

Electric Installations

19.111

Stand-by Equipments

52.588

Tools & Equipments

3.635

Vehicles

1.615

Furniture & Fixtures

0.757

Office Equipments

0.026

Service Equipments

0.002

f)

Approximate current market price/fair

The current market price/fair value

value

is expected to be in

line with

the

book value as stated. The exact

amount,

however,

will

be

ascertained at the time of finalizing

the transactions with the potential buyer(s).

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Crescent Cotton Mills Ltd. published this content on 21 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 May 2024 05:52:03 UTC.