China's Chaoyang Long March Tyre Co. Ltd. has struck a deal with a Florida importer/distributor, Moncar Inc., to handle the Starlux radial truck/bus tire brand being produced in Pakistan.
China's Chaoyang Long March Tyre Co. Ltd. has struck a deal with a Florida importer/distributor, Moncar Inc., to handle the Starlux radial truck/bus tire brand being produced in Pakistan.
Will Pakistani firms qualify Fortune Global 500 in near future?--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
Service Global plans IPO
March 17, 2021
KARACHI: Service Global Footwear Ltd., Pakistan’s largest shoe exporter, is planning an initial public offering in the domestic market to raise funds to invest in its parent’s tire joint venture, Bloomberg reported on Tuesday.
The Lahore-based company plans to raise at least Rs1.6 billion rupees by offering 41 million shares at a floor price of 38 rupees each, according to Shahid Ali Habib, chief executive officer at Arif Habib Ltd., the sole adviser to the IPO. The price could be boosted by as much as 40 percent, meaning Service Global Footwear could raise as much as $14 million, Habib said. The company is scheduled to start taking investor orders as soon as the last week of March, he added.
Zara Supplier Service Footwear Plans $10 Million IPO in Pakistan bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.