PACE · Pace (Pakistan) Limited
Material Information
- Filed
- 2 October 2026 at 3:17 pm
- Category
- Material
- Sentiment
- Neutral
- Impact
- High
AI executive summary
Pace (Pakistan) Limited announced that its Board of Directors has approved an equity investment of up to Rs. 1,500 million in an associated company, Ever Green Water Valley (Pvt.) Ltd. Additionally, the Board approved the disinvestment of 73,861,873 ordinary shares (15.40%) in another associated company, Pace Barka Properties Limited, to First Capital Securities Corporation Limited or another prospective buyer at fair value.
Key takeaways
- Approved equity investment of up to Rs. 1,500 million in Ever Green Water Valley (Pvt.) Ltd.
- Approved disinvestment of 73,861,873 shares (15.40%) in Pace Barka Properties Limited.
- Transactions are subject to necessary shareholder and corporate approvals.
- #investment
- #disinvestment
- #material-information
- #subsidiary
- #equity
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.