Business

CCP Clears Treet Corporation’s Move to Increase Stake in Loads Limited

The Competition Commission of Pakistan (CCP) has approved Treet Corporation Limited’s proposal to increase its shareholding in Loads Limited through a rights issue, concluding that the transaction will not negatively impact competition in Pakistan’s automotive components market. According to the CCP, Treet Corporation sought approval under the Competition Act, 2010 to subscribe to additional ordinary…

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SG Power Shifts Core Business From Energy to Healthcare and Pharmaceutical Sector

SG Power Limited has officially transformed its business strategy by changing its principal line of business from power generation to the healthcare and pharmaceutical industry. The transition marks a significant milestone for the company as it seeks to capitalize on emerging opportunities in Pakistan’s growing healthcare market. The company announced the development through a notice…

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Business

Barkat Frisian Agro Launches New Egg Processing Plant in Faisalabad

Barkat Frisian Agro Limited has successfully completed the trial run of its new egg processing facility in Faisalabad, marking a significant step in its expansion and supply chain integration strategy. The company confirmed the development in a notification submitted to the Pakistan Stock Exchange. The newly established plant, located at M-3 Industrial City, has passed…

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Citi Pharma Approves Rs. 2 Billion IPO for Veterinary Subsidiary

Citi Pharma Limited has announced plans to launch an initial public offering (IPO) for its wholly owned subsidiary, Citi Veterinary Pharma Limited. The company aims to raise between Rs. 1.0 billion and Rs. 2.0 billion through the offering. In a material information notice submitted to the Pakistan Stock Exchange on March 3, 2026, Citi Pharma…

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