Fecto Cement Limited has announced a temporary suspension of operations at its cement manufacturing plant in Sangjani, Islamabad, due to administrative and procedural matters with local authorities, according to a notice sent to the Pakistan Stock Exchange.
According to the statement, Fecto Cement’s management is actively engaging with relevant forums to resolve the issues in accordance with applicable laws and legal processes.
The company emphasized that it has taken all necessary steps to safeguard its legal rights and expressed confidence that the matter will be resolved in due course.
Fecto Cement assured shareholders and the market that it does not anticipate any long-term adverse impact on its financial position, asset base, or overall business continuity. All other operations of the company are continuing as normal.
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