SLG becomes the first IPO in the logistics sector on the main board of the Pakistan Stock Exchange (PSX).
Issue size of PKR 600 mn was oversubscribed with strike price of PKR 12/share.
A well-rounded participation was observed with strong participation from institutions (76%) and high net-worth individuals (24%).
Amongst institutions, financial institutions & mutual funds contributed 27% while Corporates & Others (49%).
Pre-IPO capital raise was PKR 585 mn led by existing institutional shareholders i.e. Saudi Bugshan Group and Karandaaz Pakistan translating into a total capital raise of PKR 1.19 bn
Arif Habib Limited was the lead manager and book runner for the issue.
Dubai has long been a favourite destination for people from Pakistan, offering a vibrant mix…
Marking World Environment Day, Bank Alfalah, in collaboration with the Pakistan Air Quality Initiative (PAQI)…
Karachi has been rattled by a series of low-intensity earthquakes over the past two days,…
No one likes standing in long lines, filling endless forms, or waiting days for a…
The federal government is reviewing a series of relief proposals aimed at easing financial pressure…
Emirates, the world's largest international airline, has signed a Memorandum of Understanding (MOU) with the…
This website uses cookies.
