PABC approves Rs621m acquisition in Alfalah Agri-Cultivation Fund

News Image

MG News | December 09, 2025 at 02:53 PM GMT+05:00

December 09, 2025 (MLN):  Pakistan Aluminium Beverage Cans Limited (PSX:PABC) has approved the acquisition of 60% of the units of Alfalah Agri-Cultivation Fund – I, a private equity fund, from Liberty Mills Limited, an associate of PABC, for Rs 621m.

The Fund is engaged in modern, mechanized, and sustainable corporate farming initiatives in Pakistan, the company's filing on PSX revealed today. 

Its investment in Terra Crop Innovations (Pvt) Ltd a project located in the Cholistan Desert is expected to contribute to enhanced food security, increased agricultural exports, and import substitution.

Completion of the transaction will follow customary procedures, and the Board has authorized the Company’s representatives to undertake all necessary steps for its execution.

For context, the Company had earlier, on 30 October 2025, disclosed the Board’s approval of plans to establish a new beverage can manufacturing facility in Afghanistan.

The production capacity of which was of 1.3 billion cans and an estimated capital expenditure of approximately $110 million, subject to required regulatory and customary approvals.

These decisions reflect continued progress on the Company’s strategic roadmap.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 168,636.85
149.85M
-0.78%
-1332.47
ALLSHR 102,097.08
546.07M
-0.77%
-795.55
KSE30 50,262.67
54.80M
-0.75%
-381.59
KMI30 241,515.75
50.02M
-0.86%
-2092.75
KMIALLSHR 66,137.02
252.98M
-0.78%
-518.68
BKTi 46,890.48
12.29M
-0.52%
-245.51
OGTi 34,227.32
5.31M
-1.41%
-489.06
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 84,595.00 84,775.00
83,395.00
670.00
0.80%
BRENT CRUDE 100.89 101.88
96.55
2.86
2.92%
RICHARDS BAY COAL MONTHLY 128.50 0.00
0.00
0.65
0.51%
ROTTERDAM COAL MONTHLY 143.50 144.00
142.95
1.25
0.88%
USD RBD PALM OLEIN 1,167.50 1,167.50
1,167.50
0.00
0.00%
CRUDE OIL - WTI 91.77 92.97
88.79
1.35
1.49%
SUGAR #11 WORLD 18.94 19.05
18.55
0.33
1.77%

Chart of the Day


Latest News
October 01, 2026 at 05:51 PM GMT+05:00

All-new KIA Stonic introduced in Pakistan with two variants


October 01, 2026 at 05:46 PM GMT+05:00

HBL PMI: Weaker New Orders Weigh on Manufacturing Activity


October 01, 2026 at 05:40 PM GMT+05:00

PKR extends gains against USD, settles at 277.1


October 01, 2026 at 04:54 PM GMT+05:00

Govt plans voluntary pension scheme for informal workers


October 01, 2026 at 04:54 PM GMT+05:00

Pakistan invites Saudi to invest across key sectors



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg