Chakwal Spinning Mills Ltd. ne apne jawab mein kaha hai ke woh tamaam laws aur regulations ka khayaal rakhti hai aur corporate Governance ke behtareen standards par amal karne ka azm rakhti hai.
Company ka kehna hai ke PSX ke letter mein jo khabar ka hawala diya gaya, woh unke ilm mein nahi thi. International Cotton Association (ICA) ne na to unhein kisi faislay ke baare mein inform kiya aur na hi unhein kisi sunwai ka moka diya gaya.
Company ne clarify kiya ke unhone guzishta dinon mein cotton khareedne ka ek maamla kiya tha, magar spin plan mein tabdeelion ki wajah se yeh deal finalize nahi ho saki. Chakwal Spinning Mills Ltd. ka yeh bhi kehna hai ke ICA aur unke darmiyan default ke kisi maamlay par recent past mein koi baat nahi hui.
Unka yeh bhi kehna hai ke unki production kuch saal se band hai aur closure se pehle bhi woh directly cotton import nahi karte the. Woh imported cotton ke trading mein bhi shamil nahi rahe. Yeh wajah hai ke ICA ke ban ka unke business par koi asar nahi hoga.
Company ne izhar kiya ke material disclosure file karne mein jo ghalti hui, woh sirf ek bhool thi jo ICA ki taraf se communication na hone ya knowledge ki kami ki wajah se hui. Chakwal Spinning Mills Ltd. ne PSX se darkhwast ki hai ke enquiry ko withdraw kar diya jaye aur unke khilaf koi further action na liya jaye.
Company ne yeh wada bhi kiya ke woh future mein zyada ehtiyaat karengey.
