AVN 64.80 Increased By ▲ 0.63 (0.98%)
BAFL 30.90 Increased By ▲ 1.00 (3.34%)
BOP 4.73 Increased By ▲ 0.10 (2.16%)
CNERGY 3.87 Decreased By ▼ -0.02 (-0.51%)
DFML 13.44 Increased By ▲ 0.09 (0.67%)
DGKC 41.34 Increased By ▲ 0.49 (1.2%)
EPCL 46.23 Decreased By ▼ -0.77 (-1.64%)
FCCL 11.39 Increased By ▲ 0.39 (3.55%)
FFL 5.05 Decreased By ▼ -0.03 (-0.59%)
FLYNG 5.81 Increased By ▲ 0.04 (0.69%)
GGL 9.90 Increased By ▲ 0.15 (1.54%)
HUBC 64.06 Increased By ▲ 2.11 (3.41%)
HUMNL 5.67 Increased By ▲ 0.02 (0.35%)
KAPCO 27.83 Increased By ▲ 0.25 (0.91%)
KEL 2.13 Decreased By ▼ -0.02 (-0.93%)
LOTCHEM 24.35 Increased By ▲ 0.05 (0.21%)
MLCF 21.36 Increased By ▲ 0.64 (3.09%)
NETSOL 84.43 Increased By ▲ 1.33 (1.6%)
OGDC 87.80 Increased By ▲ 1.75 (2.03%)
PAEL 10.92 Increased By ▲ 0.12 (1.11%)
PIBTL 4.17 Increased By ▲ 0.03 (0.72%)
PPL 77.53 Increased By ▲ 1.34 (1.76%)
PRL 13.65 Decreased By ▼ -0.01 (-0.07%)
SILK 0.88 Decreased By ▼ -0.01 (-1.12%)
SNGP 41.75 Increased By ▲ 1.00 (2.45%)
TELE 5.89 Increased By ▲ 0.01 (0.17%)
TPLP 15.81 Increased By ▲ 0.16 (1.02%)
TRG 112.65 Increased By ▲ 2.55 (2.32%)
UNITY 13.97 Increased By ▲ 0.22 (1.6%)
WTL 1.14 Decreased By ▼ -0.01 (-0.87%)
BR100 4,048 Increased By 80.6 (2.03%)
BR30 14,467 Increased By 282.1 (1.99%)
KSE100 40,673 Increased By 801.8 (2.01%)
KSE30 15,190 Increased By 292.7 (1.96%)
Follow us

LAHORE: HBL and Arif Habib Limited have formed a consortium for providing advisory services in respect of the Initial Public Offering and listing of Ghani Ceramics Limited on the Pakistan Stock Exchange. A signing ceremony was held at the Head Office of Ghani Group in Lahore.

Ghani Ceramics Limited is a concern of Ghani Group; a reputed business house with interests in container glass, float glass, value-added glass, mining, ceramics, etc. The main business activity of Ghani Ceramics is the manufacturing of floor & wall tiles, its unit is located in Faisalabad.

Commenting on the occasion, Chairman – Ghani Group, said, “Ghani is one of the few Sharia-compliant groups of Pakistan and has been managing all their short term & long-term requirements through equity. He added that our mission is to be successful by effectively & efficiently utilizing our philosophies so that we achieve & maintain constantly the High Standards of Product Quality & Customer Satisfaction. I am confident about the company’s growth and safe future. With the assistance of strong and professional management of HBL and Arif Habib, Ghani Ceramics will aim to make a successful IPO in Pakistan.”

Commenting on the ceremony, Muhammad Nassir Salim, Head Branch Banking & Acting Head Islamic Banking – HBL, said, “HBL is the largest bank in Pakistan and offers its clients the widest range of products suite and excellence in customer service. We are confident that we will provide Ghani Ceramics Limited with the best financial advice available. The partnership with Ghani Group will be further strengthened as a result of this engagement.”

Commenting on the ceremony, Shahid Ali Habib, CEO - Arif Habib Limited, said, “AHL a market leader in Equity IPOs, is honoured to be associated with a blue-chip company like Ghani Ceramics. Through this IPO, Ghani Ceramics’ market position will be further strengthened.”

Copyright Business Recorder, 2022

Comments

Comments are closed.

Azhar Muhammad Oct 26, 2022 02:42pm
Doing business with other's money is called Stock Exchange Listing Then giving bare min dividends The record can be checked from their other associated companies Directors unload their shares, company goes into loss Directors go away and share holders suffer, loose their money Stock Exchange is full of such like acts
thumb_up Recommended (0)

Advisory on IPO, listing on PSX: HBL, Arif Habib Ltd sign MoU with Ghani Ceramics Ltd

Dar meets IMF review mission, apprises it of planned power sector reforms

After 29 successive losses, rupee sees some gain, settles at 267.89 against US dollar

We must put our house in order, says Asif after Peshawar mosque bombing

Corps commanders resolve to bring perpetrators of Peshawar attack to ‘exemplary justice’

Inflationary pressure expected to calm down gradually: Finance Division

KSE-100 jumps 800 points owing to optimism over IMF talks

Pakistan’s performance worsens, rank remains same in corruption perception index

Barrick Gold makes first payment of $3mn to Balochistan govt

India’s Adani says to keep investing in Israel after Haifa port takeover

Indus Motor to shut down plant for two weeks