Transaction of 44,234,620 shares of Pakistan Aluminium Beverage Cans Limited

Business & Finance

Karachi, Pakistan Aluminium Beverage Cans Limited informed Pakistan Stock Exchange about transaction of shares of the company. 44,234,620 shares @ Rs. 0.00 per share were Inheritance-In from the market on February 10, 2023 through CDC.

Pakistan Aluminium Beverage Cans Limited is a public unlisted company incorporated in Pakistan under the Companies Ordinance, 1984 (now the Companies Act , 2017), on December 4, 2014. Ashmore Mauritius PABC Limited, Mauritius(Parent Company) holds 51% (2019: 51%) shareholding of the Company . The principal activity of the Company is manufacturing and sale of aluminium cans. The Company completed the installation, testing, commissioning of its manufacturing facility at Faisalabad Special Economic Zone in September, 2017 and commenced commercial operations.