Pakistan Aluminium Beverage Cans Limited (PABC) announced plans to build a $110 million beverage can plant in Afghanistan. The facility will produce 1.3 billion cans annually and is subject to regulatory approvals. PABC aims to expand its regional footprint. The development comes amid strained Pakistan-Afghanistan ties, including border closures and trade disruptions due to security […]
PABC
PABC raised 4.6 billion through book building
Karachi: The book-building phase of Pakistan Aluminium Beverage Cans Ltd (PABC)’s Initial Public Offer (IPO) has concluded with an oversubscription of 3.3 times, the company said on Wednesday. The IPO received an overwhelming response from institutional investors and high-net worth individuals as the strike price clocked in at Rs 49/share, 40% higher than the […]