First Capital Securities Approves Sale of Controlling Stake in FCIL, Plans Rs500 Million Investment in Pace Pakistan
First Capital Securities Corporation approves sale of 78.9% stake in First Capital Investments Ltd., plans divestment of loss-making subsidiaries, and authorizes up to Rs500 million fresh equity investment in Pace (Pakistan) Ltd.
Pak Qatar General Takaful Revises IPO Allocation After Oversubscription of General Public Portion
Pak Qatar General Takaful Limited increases General Public Portion to 30% and reduces Book Building Portion to 70% in its IPO after strong retail investor demand, signaling confidence in Pakistan’s Takaful market.