Friday, August 28 2026

APAG IPO fully subscribed on first day
The Initial Public Offering (IPO) of Agro Processors & Atmospheric Gases Limited (APAG) has been fully subscribed on the very first day, reflecting strong investor interest in the company's public offering. According to the latest PSX book-building data, the cumulative bid volume reached 43.94 million shares, representing 100.92% of the total offer volume. The highest demand was recorded at the PKR 32.00 per share price level, where investors placed bids for 30.56 million shares, accounting for around 69.6% of the cumulative bids.
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Friday, August 07 2026

Daewoo Express raises Rs4bn in third Sukuk
Daewoo Pakistan Express Bus Services Limited, one of the country’s leading inter-city transport service providers, has successfully raised Rs4 billion through the issuance of its third short-term Sukuk, with the Shariah-compliant offering drawing subscriptions worth 2.24 times the amount on offer. “We are proud to announce Pak Oman’s continued role in supporting Daewoo Pakistan Express Bus Services Limited with the successful issuance of its PKR 4 billion Short-Term Sukuk – Issue 3,” said Pak Oman Investment Company Ltd in a post on a social media platform on Thursday.
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Monday, August 03 2026

LSE Capital plans Rs500mn IPO for third SPAC
After launching Pakistan’s first two special purpose acquisition companies, LSE Capital plans to list LSE SPAC-III on the Pakistan Stock Exchange (PSX), aiming to raise Rs500 million to fund future acquisitions. “After the successful IPOs of SPAC-I and SPAC-II, LSE Capital has also submitted the IPO application/draft prospectus for the PSX listing of LSE SPAC-III,” read the notice to the bourse. The new SPAC intends to raise Rs500 million, out of which Rs400 million, including the seed funding from LSE Capital, shall be subscribed by the pre-IPO investors, while the fund-raising from the general public portion shall be of an amount of Rs100 million.
Related news categories: business economic-indicators investment-copr psx stock-exchanges