SECP Proposes Professional Qualification Framework for Insolvency Experts in Pakistan
SECP proposes a professional qualification framework for official liquidators and insolvency experts covering training, certification, CPD and ethical standards.
SECP Challenges BRR Guardian Merger Scheme In Supreme Court
SECP has appealed to the Supreme Court against the Sindh High Court order approving the merger scheme between B.R.R. Guardian Limited and BRR Financial Services.
Thatta Cement Moves Forward With Pakistan Services Restructuring Plan
Thatta Cement has reached an in-principle understanding on restructuring Pakistan Services Limited, subject to final agreements and further communication with the Pakistan Stock Exchange.
CCP Approves Stonepeak’s Acquisition Of Castrol’s Global Lubricants Business Following Competition Review
Competition Commission of Pakistan has approved Stonepeak’s acquisition of BP’s global Castrol lubricants business after concluding the transaction would not reduce competition in Pakistan’s lubricants market.
Citi Pharma Board Approves Demerger Scheme to Vest Real Estate Assets into Wholly Owned SPV for REIT
Citi Pharma Limited (PSX: CPHL) has announced a Board-approved Scheme of Arrangement and Demerger to transfer two prime Lahore properties into a wholly-owned SPV.
Muhammad Farrukh Moves to Acquire Majority Stake and Absolute Corporate Control of Al Shaheer Corporation
Business tycoon Muhammad Farrukh announces a public intention to acquire over 53 percent stake in Al Shaheer Corporation Limited through a structured share purchase agreement.
CCP Authorizes United Ethanol Acquisition of Stake in Pakistan Corporate Restructuring Company
The Competition Commission of Pakistan approves United Ethanol Industries’ acquisition of PCRCL shares from eight banks following a Phase I competition assessment.
First IBL Modaraba Sees Massive Ownership Shift as ZTP and IBMU Builders Acquire Majority Stake
ZTP Private Limited and IBMU Builders acquire over 50 percent stake in First IBL Modaraba, signaling a major strategic shift for the PSX listed entity.
S.G. Power Limited Announces Major Pivot to Healthcare and Pharmaceutical Sector
S.G. Power Limited approves a strategic shift into pharmaceuticals and healthcare, including a name change, capital increase, and relocation to Punjab.
SG Power Limited Appoints Umer Ali Malik as CEO to Lead Strategic Pivot
SG Power Limited names Umer Ali Malik as the new Chief Executive Officer to spearhead a transition toward a high-growth business model and explore capital initiatives.