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.
35,216 foreign nationals, including Afghan citizens, have been deported from Lahore and other parts of…
Iran's Foreign Minister, Abbas Araghchi, has stated that Iran does not seek war but remains…
Karachi Judicial Magistrate South Court accepted jail administration's plea to exempt Anmol Pinky, known as…
North Korea has unveiled a new facility for producing nuclear bomb fuels, according to the…
All parties Conference held in Muzaffarabad An All Parties Conference (APC) was held in Muzaffarabad…
Senior leaders of MQM-P Dr Farooq Sattar, addressing a press conference in Karachi after unveiling…
This website uses cookies.
