Supernet Limited plans listing of its shares on Pakistan Stock Exchange
KARACHI: Supernet Limited, a wholly owned subsidiary of Telecard Limited, is exploring the option of listing its shares on Pakistan Stock Exchange (PSX) through an...
Thal Limited to setup polypropylene woven bags plant with an investment of Rs1.7 billion
KARACHI: Thal Limited, a subsidiary of House of Habib, is setting up a plant to manufacture polypropylene woven bags in Hub with an investment of...
Bank Alfalah joins the race for Silkbank’s consumer portfolio
KARACHI: Bank Alfalah Limited (BAFL) has approached Silkbank Limited seeking its concurrence to BAFL to apply to State Bank of Pakistan to proceed with the...
Packages Limited announces Rs2.8 billion expansion by a subsidiary
KARACHI: Packages Limited has announced Rs2.8 billion capital expenditure investment plans by Bulleh Shah Packaging, a 100% wholly owned subsidiary of Packages Limited. “Bulleh Shah...
VIS assigns A+/A-1 ratings to Interloop Limited
KARACHI: VIS Credit Rating Company Ltd. (VIS) has assigned initial entity ratings of ‘A+/A-1’ (Single A plus/Single A-One) to Interloop Limited (ILP). Outlook on the...
Primerica Inc. to acquire TRG Pakistan Limited in a $600 million deal
KARACHI: Primerica Inc, a Delaware Corporation has entered into a share purchase agreement with E-Telequote Limited to acquire 80% of the shareholding at an enterprise...
High-Tech Lubricants ventures into plastic packaging industry
KARACHI: Management of High-Tech Lubricants (HTL) has decided to enter new business opportunities in the plastic packaging industry by venturing into the production of plastic...
Service Global Footwear Limited raises Rs2.175 billion in over-subscribed IPO
KARACHI: Service Global Footwear Limited (SGFL) successfully raised Rs. 2.175 billion through a two-day book building which saw a broad-based participation from institutional and high...
K-Electric’s installs entire power train of first unit of its RLNG based 900MW flagship power plant
KARACHI: K-Electric’s flagship 900 MW power plant, BQPS-III is progressing on fast track basis as the entire power train of first unit consisting of gas...
HBL to acquire Silkbank’s consumer portfolio
KARACHI: Silkbank Limited has accorded in-principle approval to Habib Bank Limited (HBL) to conduct due diligence of the consumer portfolio of Silkbank, a bourse filing...
The Organic Meat Company to export heat treated meat to China
KARACHI, PAKISTANI: Pakistan Stock Exchange (PSX) listed The Organic Meat Company Limited (TOML) has received approvals and has been granted registration by Chinese Customs authorities...
Pakistan Stock Exchange signs agreement with 1LINK 1BILL to launch E-IPO system
KARACHI: An agreement was signed between Pakistan Stock Exchange (PSX) and 1LINK to launch the new payment and registration system by PSX. This new payment...