Maple Leaf Cement explores acquisition of Pioneer Cement shares

MG News | November 13, 2025 at 12:59 PM GMT+05:00

0:00

November 13, 2025 (MLN): Maple Leaf Cement Factory Limited (PSX: MLCF)'s Board of Directors has considered the potential acquisition of shares in Pioneer Cement Limited, as per a filing to the Pakistan Stock Exchange (PSX).

The move remains subject to negotiation of commercial terms, completion of due diligence, execution of definitive agreements, a public offer, and receipt of regulatory approvals.

The company said it will keep the Exchange informed of any material progress on the transaction.

Next Capital Limited has been appointed as the Manager to the Offer and will handle all legal and procedural requirements related to the public announcement of intention and offer on behalf of MLCF.

Copyright Mettis Link News

Related News

OGDC, Partners secure provisional rights for 8 offshore exploration blocks

Pak Leather Crafts leases factory building to boost income

Name	Price/Vol	%Chg/NChg
KSE100	160,614.17 204.70M	1.54% 2430.22
ALLSHR	97,175.23 633.59M	1.18% 1135.54
KSE30	48,677.90 123.97M	1.64% 787.33
KMI30	229,443.65 92.90M	1.86% 4183.46
KMIALLSHR	63,186.51 223.42M	1.38% 858.68
BKTi	44,150.33 37.44M	0.69% 302.19
OGTi	30,689.07 5.64M	1.34% 405.54

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	103,910.00	104,305.00 101,110.00	2175.00 2.14%
BRENT CRUDE	62.56	62.81 62.34	-0.15 -0.24%
RICHARDS BAY COAL MONTHLY	85.25	0.00 0.00	0.15 0.18%
ROTTERDAM COAL MONTHLY	95.65	0.00 0.00	0.10 0.10%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	58.33	58.56 58.12	-0.16 -0.27%
SUGAR #11 WORLD	14.73	14.77 14.52	0.21 1.45%