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

Name	Price/Vol	%Chg/NChg
KSE100	187,761.69 450.87M	1.44% 2662.86
ALLSHR	112,676.86 1,195.52M	1.05% 1167.51
KSE30	57,522.35 166.78M	1.38% 784.61
KMI30	264,743.45 175.88M	1.48% 3870.74
KMIALLSHR	72,300.02 597.10M	1.14% 811.71
BKTi	54,499.63 44.60M	1.50% 808.03
OGTi	38,644.55 21.80M	-0.07% -27.90

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	93,020.00	95,600.00 92,040.00	-2645.00 -2.76%
BRENT CRUDE	63.77	64.39 63.26	-0.36 -0.56%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-2.25 -2.53%
ROTTERDAM COAL MONTHLY	97.90	0.00 0.00	0.15 0.15%
USD RBD PALM OLEIN	1,027.50	1,027.50 1,027.50	0.00 0.00%
CRUDE OIL - WTI	59.04	59.56 58.53	-0.30 -0.51%
SUGAR #11 WORLD	14.99	15.00 14.60	0.42 2.88%