PAKISTAN: Fast Cables is moving forward with IPO with larger share offering, reported Bloomberg. Fast Cables had announced the IPO in August 2023 with 83.5 million shares, but the latest report indicates the offering has since been raised to 128 million shares.
Fast Cables is one of five firms slated to be listed on the Pakistan Stock Exchange. The other for prospective listings are Emaar Pakistan, CCL, FF Steel and International Packaging Films.