Flying Cement Company Limited (FLYNG) has informed Pakistan Stock Exchange (PSX) today that the Directorate General of Mines & Minerals (Punjab) has granted the Company a long-term mining lease for Limestone over an additional area of 1,765 acres of land situated near to factory site, Dhok Meharwal in District Khushab, Punjab.

This will add remarkable value to the Company’s vision in the implementation plan of achieving constant future growth.

Accordingly, the Company would be able to implement its business growth plan by further expanding its operation shortly, which will result in better profitability and add significant value to the shareholders’ equity. “