Pak Agro Packaging Ltd intends to raise PKR 180-250mn through Initial Offering

Pak Agro Packaging Ltd “PAPL” is in the business of manufacturing textile products for agricultural applications for over two decades. Pakistan’s agriculture base relies on PAPL to expand capacity and supply value-added products including Greenhouse shades, anti-insect, anti-hail nets, flexible stretch bags and bale wrap nets.

The Company intends to raise PKR 180-250mn through Initial Offering at the “GEM” Board via Book-Building at a Floor Price of PKR 22.5 per share (“Transaction”).

Further details awaited.

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