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Jul 20, 2026 اردو

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Business & Finance Print edition: 2024-10-01

Sheikh Umer Rehan elected PVMA chairman for 2024-26 term

ISLAMABAD: Sheikh Umer Rehan has been elected as new Chairman Pa-kistan Vanaspati Manufacturers Association (PVMA)...

Published October 1, 2024 Updated October 1, 2024 06:49am

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ISLAMABAD: Sheikh Umer Rehan has been elected as new Chairman Pakistan Vanaspati Manufacturers Association (PVMA) for the year 2024-26.

Asjad Arif and Khalid Islam Sheikh were also unanimously elected Senior Vice Chairman and Vice Chairman respectively for the year 2024-2026.

The Secretary General PVMA Monday announced the final results at 80th Annual General Body Meeting of the Association at FPCCI Capital House, Islamabad.

The Executive Committee and Members of PVMA congratulated Sheikh Umer Rehan and hoped that being a veteran, seasoned and experienced person he will fully utilize his potentialities to resolve the problems being faced by the ghee/cooking oil industry.

The event was held at FPCCI Capital House, Islamabad to bid farewell to the outgoing Chairman Sheikh Abdul Razzaque and to welcome the incoming Chairman Sheikh UmerRehan.

Razzaque and Sheikh Umer Rehan, in their speeches highlighted, the challenges being faced by the industry. Sheikh Umer Rehan thanked the members for reposing confidence in him and assured to solve their problems on fast track basis.

PVMA Sheikh Umer Rehan

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Germany DAX 30 / Jul 20	24,913.94
France CAC40 / Jul 20	8,361.60

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Petrol/Litre / Jul 20	316.15
Crude Oil USD/Barrel / Jul 20	84.29
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Cotton US¢/pound / Jul 20	79.24

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Asia Ins. / Jul 20 Asia Insurance Company Limited(ASIC)	37.90 ▲ 3.45 (10.01%)
TPL Insurance / Jul 20 TPL Insurance Limited(TPLI)	64.08 ▲ 5.83 (10.01%)
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Service Textile / Jul 20 Service Industries Textiles Limited(SERT)	56.04 ▼ -6.23 (-10%)
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