PSX marks PABC’s oversubscribed listing
July 17, 2021
KARACHI: Pakistan Stock Exchange (PSX) on Friday marked the listing of Pakistan Aluminium Beverage Cans Limited (PABC) through a gong ceremony, a statement said.
This is the second successive equity listing in the current fiscal year FY2021-22.
PABC was represented by Ashraf Mukaty, Shahid Soorty, Zain Mukaty and Ahmed Mukaty. Officials from Arif Habib Limited (AHL), the consultants and book runners, were also present at the ceremony.
The gong ceremony was held at the Trading Hall of the Exchange and was addressed by the PSX officials.
Addressing the ceremony, Nadir Rahman, COO PSX, said demand size for the offer was Rs12.9 billion, the highest ever for any equity offering from the private sector.