Material Information of Chakwal Spinning Mills Limited
Karachi, Chakwal Spinning Mills Limited informed Pakistan Stock Exchange that Khawaja Mohammad Kaleem Director of the Company has sold 100,000 shares on December 07, 2016. Chakwal group has around 160,000 spindles, which are operationally organized into 6 spinning units; the entire machinery is from world-renowned manufactures. Chakwal Spinning consists of 34,552 Spindles. The flag ship company of Chakwal Group is Kohinoor Spinning comprising of 80,000 spindles, distributed into three separate units which are tailor made to make specialized yarns. The unit has its own in house doubling and is capable of producing 75 tons of cotton and blended yarn per day. The symbol “CWSM” is being used by the stock exchanges for the shares of Chakwal Spinning Mills Limited.