Post-budget investors excitement lifts KSE-100 index by 421 points dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
Byco Petroleum Gets a New Name propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.
ISLAMABAD: The Oil Companies Advisory Council has rung alarm bells telling the government that the depleted condition of KPT oil piers can disrupt the import supply chain of petroleum products,.
US closes inquiry into Pakistani firm tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.
A Notable Investor Planning to Divest Shares from Byco Industries Incorporated
One of the notable investors of Byco Petroleum Limited intends to divest its 22 percent shareholding from the integrated oil refining and retailer giant, according to a notification submitted to Pakistan Stock Exchange (PSX) on Tuesday.
According to the stock filing, IGCF Oil and Gas Limited (previously known as IGCF), one of the shareholders of Byco Industries Incorporated (BII), is planning on reducing its indirect equity investment in Byco Petroleum Pakistan Limited (BPPL) held through BII.
Accordingly, as per arrangements agreed with IGCF, BII intends to divest up to 22 percent shares of BPPL.