Pace Barka secures JV for Rs5.53bn waste management contract
MG News | November 28, 2024 at 12:28 PM GMT+05:00
0:00
November 28, 2024 (MLN): Pace Barka Properties Limited has entered into a partnership joint venture (JV) with Ever Green Water Valley (Pvt.) Limited and Initiative (Pvt.) Limited for the grant of a Waste Management Service Contract by Lahore Waste Management Company (LWMC) for Tehsil Ferozewala, District Sheikhupura.
The joint venture will last for a period of 4 years and is valued at Rs5.529 billion.
It is important to note that Pace Barka Properties will hold a significant 25% stake in this joint venture.
This development was announced by Pace (Pakistan) Limited (PSX: PACE), which holds a 52% stake in Pace Barka Properties Limited, making it the parent company.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 138,412.25 167.69M | 0.32% 447.43 |
| ALLSHR | 85,702.96 423.92M | 0.15% 131.52 |
| KSE30 | 42,254.84 82.09M | 0.43% 180.24 |
| KMI30 | 194,109.59 84.37M | 0.15% 281.36 |
| KMIALLSHR | 56,713.67 217.03M | 0.03% 16.37 |
| BKTi | 37,831.34 13.04M | 1.62% 603.62 |
| OGTi | 27,440.63 3.93M | -0.09% -23.70 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 118,740.00 | 119,275.00 117,905.00 | 1120.00 0.95% |
| BRENT CRUDE | 72.42 | 72.82 72.35 | -0.82 -1.12% |
| RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 | 2.20 2.33% |
| ROTTERDAM COAL MONTHLY | 104.50 | 104.50 104.50 | -0.30 -0.29% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 70.04 | 70.41 70.01 | 0.04 0.06% |
| SUGAR #11 WORLD | 16.46 | 16.58 16.37 | -0.13 -0.78% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()