PTC to launch Africa-1 submarine cable
In November 2020, the Board of Directors approved an investment of US$ 59.5 million for the Africa-1 submarine cable project. This initiative aims to provide...
LCC Korea to sell 75.01% stake in Lotte Chemical Pakistan
On 20-02-2025, Lotte Chemical Pakistan Limited (LOTCHEM) disclosed the following material information.
LCC Korea to divest 75.01% stake in Lotte Chemical Pakistan
The Board of Directors of Lotte Chemical Corporation, South Korea (LCC Korea), the majority (75.01%) shareholder of Lotte Chemical Pakistan Limited (Company), has approved and...
GGGL suspends furnace operations for maintenance until May 15, 2025
After the completion of the expected life of the furnace, Ghani Global Glass Limited (GGGL) has temporarily closed down furnace operations until May 15, 2025,...
PRL announces 6-day plant shutdown
Pakistan Refinery Limited (PRL) needs to undertake a maintenance job, which will necessitate shutdown of its plant for approximately 6 days from February 15, 2025,...
AGL announces 4-day urea plant shutdown
The Urea plant operations of the company will be stopped with effect from February 17, 2025, to attend unscheduled maintenance tentatively for approximately 4 days.
PSO partners with HUBCO Green for EV charging
Pakistan State Oil Company Limited (PSO) has entered into a strategic partnership agreement with HUBCO Green (Private) Limited to develop and market electric vehicle (EV)...
MCB Bank (MCB): 4Q2024 Performance Review and Future Outlook
MCB Bank has released its financial results for the fourth quarter of 2024, reporting consolidated earnings of Rs10.5 billion (EPS: Rs8.87). Despite a 38% YoY...