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.
SECP Reports NBFI Assets at Rs6.84 Trillion as Shariah-Compliant Segment Records 295 Percent Growth
SECP data shows Pakistan’s NBFI assets reach Rs6,844 billion across 715 entities, with mutual funds holding 66.3 percent share and Shariah-compliant assets growing 295 percent since June 2022.
SECP Approves Signature Residency REIT IPO as Fifth PSX Listing in FY2025–26
The SECP has approved the IPO prospectus of Signature Residency REIT, a Shariah-compliant developmental REIT, marking the fifth PSX Main Board listing in FY2025–26 and signaling renewed confidence in Pakistan’s capital markets.