PAKISTAN: Wahdat Poultry Farm, an egg producer, has announced plans to raise PKR637 million (US$2.28 million) through a Shariah compliant IPO, with the shares being offered at a floor price of PKR12 (US$0.04) per share. Topline Securities will act as consultant to the issue.
The company plans to use the IPO funds primarily to enter the liquid pasteurized egg segment, expanding its product portfolio.
Categories:
Asset ManagementRestricted Access
Login to continue reading (existing subscriber)
Subscribe NOW and get:
- Gain unlimited access through all key operating platforms
- Full access to all listed Islamic funds & fund profiles
- Unlimited access to all Islamic fund managers
- Access to all exclusive articles, reports, podcasts & videos
- Complimentary access to all IFN Investor Forums
