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danioPSX · · based on a report by Business Recorder
Fauji Foundation disclosed the acquisition of 19.70% voting shares in Pakistan Services Limited (PSEL), owner and operator of Pearl Continental Hotels, via a PSX notice.
A major 19.70% voting stake purchase by Fauji Foundation in the Pearl Continental Hotels operator may enhance institutional backing and strategic prospects.
Price when this was written: Rs 1,192.08 · Live price, chart and results
Business Recorder: Fauji Foundation acquires 19.7pc voting shares in PSEL
Education only, not investment advice. The likely direction is a reading of the news, not a forecast; prices can move the other way.