FNEL launches Pearl Resorts project with Hashoo Group, Neelishang Hills

MG News | September 17, 2025 at 09:49 AM GMT+05:00

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September 17, 2025 (MLN): First National Equities Limited’s (PSX:FNEL) wholly-owned subsidiary, FNE Developments (Pvt.) Ltd., has launched a landmark real estate and tourism development at Pearl Resorts, in strategic collaboration with Neelishang Hills and the Hashoo Group.

Envisioned as Pakistan’s premier hill station and luxury tourism destination, the Pearl Resorts project is a large-scale, multi-year initiative that marks FNEL’s bold expansion into the high-growth hospitality and real estate sectors, according to the company's statement issued today.

The development is expected to generate robust and recurring revenue streams, contributing significantly to long-term shareholder value.

This milestone shows FNEL’s strategic shift toward transformational, high-potential ventures, aligning with its broader vision to unlock sustainable growth across diversified sectors.

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