Pakistan Customs, Tax, Shipping & Business News Resource
Karachi: The book-building process of Barkat Frisian Agro Limited’ Initial Public Offer (IPO) has concluded with an oversubscription of 16.25 times, the historic development at PSX. The IPO received an…
Karachi: Recent changes in the Faceless Customs Assessment (FCA) have significantly impacted the processing of Goods Declarations (GDs). Following a backlog of 3500 pending GDs, the number of appraisers has…
The Federal Board of Revenue (FBR) has initiated a fact-finding inquiry to investigate the alleged involvement of customs officials in the smuggling of solvent oil from Iran/Taftan to Punjab. The…
Karachi: BF Biosciences Limited looks to raise 1.38 bn to 1.93 bn through issuing 28.3% new shares through an Initial Public Offering (IPO) on September 25-26. Speaking at the pre-IPO…
Karachi: International Packaging Films Limited intends to raise PKR 1.47 billion by issuing 70.1 million shares to the public representing 10.01% of its post-IPO paid-up capital at a Floor Price…
KARACHI: The Federal Government has notified Business-to-Business (B2B) Barter Trade Mechanism 2023, which allows export and import of goods under B2B barter trade. The barter trade facility under this Order…
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has taken cognizance of the reports that the State Bank of Pakistan (SBP) has its own list of essential…
IPR South ensuring public health & safety by controlling trade of counterfeit products: Under the SRO 768(0/2014 dated 18.08.2014, the Directorate General of Intellectual Property Rights Enforcement is mandated to…
The IPO is one of the largest ever ADX listings, further fortifying UAE equity capital markets and cementing EFG Hermes Investment Banking’s position as the leading MENA ECM advisor, Abu…
Karachi: The general public will subscribe to 23.4 million shares, 25 percent of the total offer size of PABC IPO on June 29/30 at the strike price of Rs.49. The…
Karachi: Pakistan Aluminium Beverage Cans Ltd (PABC) is planning to raise at least Rs 3.3 billion by offering a 26 per cent stake to institutional and ordinary investors in an…
Leading manufacturer of paracetamol is raising money to fund capacity expansion: Karachi: Pakistan-based Citi Pharma Ltd is planning to raise up to Rs2.8 billion by offering a 35 per cent…
ISLAMABAD: The Competition Commission of Pakistan (CCP) and the Intellectual Property Organisation of Pakistan (IPO) today signed a Memorandum of Understanding on sharing of information and capacity building of enforcement…
Karachi: Engro Polymer & Chemicals Limited has successfully undertaken the Initial Public Offering of its Preference Shares. The public subscription was held successfully on December 17th & 18th 2020. The…
Karachi: The Military Engineering Services (MES) of the Pakistan Army has enlisted Agha Steel Industries Ltd as the manufacturer-cum-supplier of deformed steel bars for its projects. The Engineer-in-Chief’s branch has…
Karachi, Pakistan Stock Exchange (PSX) held a gong ceremony today upon listing of Agha Steel Industries Limited (ASIL) at the Stock Exchange. This is a significant development for PSX as…
Karachi: In an exciting development for Pakistan Stock Exchange (PSX), yet another Initial Public Offering (IPO) has taken place. The IPO of Agha Steel Industries Limited will result in the…
Karachi: Agha Steel Industries’ general public subscription of the 30 million shares (25% of the total offer size) will begin on 14th October (today) and conclude on 15th October at…
Karachi: The Organic Meat Company Limited is set to go public with its Initial Public Offering and subsequent listing on Pakistan Stock Exchange, as an exporting and processing company of…
FRANKFURT: The stock subscription for the IPO of DiaMonTech AG started on the Frankfurt Stock Exchange. The company plans to be listed in the Prime Standard. The subscription is expected…