MLCF · Maple Leaf Cement Factory Limited
MLCF | Maple Leaf Cement Factory Limited Notice of Extraordinary General Meeting 19.10.2026
- Filed
- 18 September 2026 at 4:37 pm
- Category
- Meetings
- Sentiment
- Good
- Impact
- High
AI executive summary
Maple Leaf Cement Factory Limited has issued a notice for its Extraordinary General Meeting (EOGM) scheduled for October 19, 2026, to consider and approve the Scheme of Arrangement for the amalgamation of Pioneer Cement Limited into MLCF. Under the proposed swap ratio, PIOC shareholders will receive 2.65 MLCF shares for every 1 share held in PIOC, leading to the dissolution of PIOC without winding up and its subsequent de-listing from the PSX.
Key takeaways
- EOGM scheduled for October 19, 2026, to approve the merger with Pioneer Cement Limited.
- Swap ratio set at 2.65 MLCF shares for every 1 ordinary share of PIOC.
- Share transfer books to remain closed from October 13 to October 19, 2026.
- Authorized share capital of MLCF to be enhanced to PKR 18,500,000,000 upon sanction.
- #eogm
- #merger
- #amalgamation
- #pioneer_cement
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.