AsiaPak Investment Company Limited and Montage Oil DMCC expressed its intention to obtain at least 75.01 % of Lotte Chemical Pakistan Limited shares, indicating a significant investment in the chemical industry in the country, according to a report on the Pakistani Stock Exchange (PSX) on Thursday. Arif Habib Limited (AHL) is the show manager. AHL … Read more
Cherat Packaging Limited announced that its Board of Directors has approved the acquisition of a second extrusion plant, including an insulating film extrusion line and associated equipment, at an estimated cost of Rs 1.4 billion. “We are pleased to learn that the Board of Directors of the company has approved the acquisition of a second … Read more
Islamabad: The Pakistan National Shipping Corporation (PNSC) has revealed plans to purchase new Aframax vessels by 2028 as part of its strategy to modernize its fleet and enhance maritime capabilities, according to a report by JS Global. During a company press conference, PNSC highlighted its FY24 financial performance and future outlook. The company reported a … Read more
Searle Company Limited has officially denied rumors circulating on social media, especially WhatsApp, regarding its alleged interest in acquiring a 51% stake in Abbott Laboratories. In an official clarification issued by the company, Searle categorically denied any discussions, negotiations or interest in acquiring the Abbott Laboratories stake. “We refer to the recent news circulating on … Read more