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Pakistan's Mega Joint Venture of Mineral Exploration is Planning an IPO at PSX


Pakistan’s Mega Joint Venture of Mineral Exploration is Planning an IPO at PSX
National Resources Pvt. Ltd. (NRL) is planning to go for an Initial Public Offering (IPO) on Pakistan Stock Exchange (PSX), a national daily reported on Tuesday.
NRL is a joint venture of six business houses in Pakistan that had come together in 2019, intending to develop the Reko Diq reserves. These include Lucky Group, Arif Habib Limited, Liberty Group, Fatima Group, Mari Petroleum, and South Western Mining Company.
The company is opting for a stock listing, said the NRL Chief Executive Officer, Shamsuddin Sheikh, while speaking to media. ....

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