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.
Supernet Technologies Limited Completes Merger with Supernet Limited Following Share Allotment
Supernet Technologies Limited finalizes its corporate reorganization by issuing over 107 million shares to merge Supernet Limited into the Main Board entity.
SECP Licenses LSE Ventures for Corporate Restructuring and Wealthbridge for Digital Advisory
The Securities and Exchange Commission of Pakistan grants new licenses to LSE Ventures Limited and Wealthbridge Management to enhance corporate recovery and digital investment.
Bank Makramah Files Share Capital Reorganization Scheme Before IHC to Increase Minority Stake
Bank Makramah Limited submits a Scheme of Arrangement to Islamabad High Court to reorganize share capital, reducing sponsor stake and increasing minority shareholding without financial cost.
JS Infocom Approves Share Buy-Back of Up to 60 Million Shares to Strengthen Balance Sheet
JS Infocom Limited, a subsidiary of Jahangir Siddiqui & Co. Ltd., has approved a buy-back of up to 60 million shares at Rs. 10 each to optimize its balance sheet and enhance shareholder value, in compliance with the Companies Act 2017 and SECP regulations.