FCCL denies interest in ACPL, issues clarification on media speculation
By MG News | Category Equity
June 05, 2025 at 06:12 PM GMT+05:00
Fauji Cement Company Limited (PSX: FCCL) has issued a formal clarification in response to a news item circulating on electronic media dated May 30, 2025, which suggested a purported interest of FCCL in Attock Cement Pakistan Limited (ACPL)...
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SHFA to approve nearly 106m share acquisition in SMCI at EOGM
By MG News | Category Equity
June 05, 2025 at 02:46 PM GMT+05:00
Shifa International Hospitals Ltd (SHFA) held an Extraordinary General Meeting (EOGM) to consider and approve the acquisition of approximately 105.8 million shares of Shifa Medical Center Islamabad (SMCI) from all remaining shareholders...
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SECP grants TRG Pakistan shareholders option to retrieve tendered shares amid legal hurdles
By MG News | Category Equity
June 05, 2025 at 12:06 PM GMT+05:00
The Securities and Exchange Commission of Pakistan (SECP) has directed AKD Securities Limited to accommodate shareholder requests for the return of tendered shares in the ongoing acquisition of TRG Pakistan Limited, following legal challenges that have stalled the transaction...
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EFERT halts EnVen plant for unscheduled maintenance
By MG News | Category Equity
June 05, 2025 at 11:44 AM GMT+05:00
Engro Fertilizers Limited (PSX: EFERT) has temporarily shut down its EnVen plant for unscheduled maintenance...
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PSX Closing bell: Rockets to All-Time High
By MG News | Category Equity
June 04, 2025 at 04:07 PM GMT+05:00
The benchmark KSE-100 Index reached a historic milestone on Wednesday, concluding the trading session at 121,798.86, showing an increase of 1,347.99 points or 1.12%.
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HBL Manufacturing PMI drops to 8-month low of nearly 51 in May
By MG News | Category Equity
June 04, 2025 at 03:19 PM GMT+05:00
The headline HBL Pakistan Manufacturing PMI fell to an 8-month low of 51.1 in May from 51.9 in April, reflecting a notable slowdown in business activity from...
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Ghazi Fabrics shareholders approve sale of 175 Kanal land in Kasur
By MG News | Category Equity
June 04, 2025 at 02:52 PM GMT+05:00
The shareholders of Ghazi Fabrics International Limited (PSX: GFIL) have approved the sale of the company’s land, measuring approximately 175 Kanal and 10...
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At-Tahur fulfills Rs750m sukuk commitments
By MG News | Category Equity
June 04, 2025 at 02:36 PM GMT+05:00
At-Tahur Limited (PSX: PREMA) has informed that the commitment and realization of all Sukuk funds have been fully...
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KAPCO signs Tri-Partite Power Purchase Agreement
By MG News | Category Equity
June 04, 2025 at 02:02 PM GMT+05:00
Kot Addu Power Company Limited (PSX: KAPCO) has signed a Tri-Partite Power Purchase Agreement (TPPA), along with the schedules, on June 4, 2025...
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Big Bird Foods signs export agreement with Alibaba
By MG News | Category Equity
June 04, 2025 at 01:44 PM GMT+05:00
Big Bird Foods Limited (PSX: BBFL) has entered into a strategic agreement with Alibaba Group...
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