mlcf News
MLCF board clears amalgamation of PIOC, subject to LHC nod
Maple Leaf Cement Factory Limited's (PSX:MLCF) Board of Directors has approved a Scheme of Arrangement for the merger of Pioneer Cement Limited (PIOC) with and into the company, subject to shareholder approval and sanction by the Lahore High Court, marking the final step in MLCF's full absorption.
Go to articleMLCF secures Pioneer Cement shares, 61% allotment applied
Maple Leaf Cement Factory Limited's (PSX: MLCF) public offer to acquire a controlling stake in Pioneer Cement Limited was oversubscribed by a significant margin, with eligible applications received for 43,189,598 shares against an offer size of 26,623,096 shares prompting accepted shares to be allotted on a pro-rata basis at a rate of 61.64%.
Go to articleVIS upgrades Maple Leaf Cement’s entity rating to A+
VIS Credit Rating Company Limited (VIS) has upgraded the medium to long-term entity rating of Maple Leaf Cement Factory Limited (PSX:MLCF) from A (Single A) to A+ (Single A Plus), while reaffirming its short-term rating at A1 (A One).
Go to articleCCP clears Maple Leaf’s bid for bigger stake in Pioneer Cement
The Competition Commission of Pakistan (CCP) has authorized Maple Leaf Cement Factory Limited to acquire additional shareholding in Pioneer Cement Limited, concluding that the move will not create a monopoly in the cement sector.
Go to article| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 175,328.82 259.37M | 0.23% 399.13 |
| ALLSHR | 106,442.83 871.95M | 0.22% 236.26 |
| KSE30 | 52,294.83 70.59M | 0.21% 109.76 |
| KMI30 | 250,239.14 117.86M | 0.27% 676.97 |
| KMIALLSHR | 68,844.23 590.83M | 0.27% 185.40 |
| BKTi | 49,072.93 17.11M | 0.20% 97.65 |
| OGTi | 35,769.80 17.60M | 0.71% 253.52 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 80,045.00 | 80,365.00 79,700.00 | -10.00 -0.01% |
| BRENT CRUDE | 95.85 | 96.57 93.15 | 0.33 0.35% |
| RICHARDS BAY COAL MONTHLY | 126.75 | 0.00 0.00 | 1.10 0.88% |
| ROTTERDAM COAL MONTHLY | 138.45 | 138.45 136.80 | 2.75 2.03% |
| USD RBD PALM OLEIN | 1,228.00 | 1,228.00 1,228.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 91.22 | 92.17 88.72 | -0.08 -0.09% |
| SUGAR #11 WORLD | 18.02 | 18.48 17.92 | -0.05 -0.28% |
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