APCMA rejects meeting on pricing

LAHORE: All Pakistan Cement Manufacturers Association (APCMA) has rejected the announcement that a meeting of the association with the industry on pricing and input cost matters has been convened on October 26.

A spokesperson of the APCMA on Wednesday denied any meeting of cement manufacturers called by the association and termed a meeting announcement letter presently in circulation as fake, fabricated and malicious in its content.

The APCMA has decided to approach the law-enforcement agencies to initiate action on the circulation and fabrication of a fake letter, he added. The spokesperson said the letter in circulation allegedly calling for a meeting on pricing and input cost matters is not only fabricated, but is also a criminal act.

The fake letter has been designed using fake logo of the association, as well as fake signatures of the chairman in order to achieve some malicious objectives.