Fauji Foundation has expressed a keen interest in buying major shares in Agha Steel Industries Ltd. and acquire control over the company. This happened earlier as Integrated Equities Limited (IEL), submitted a public announcement to show their intention in acquiring shares and control over Agha Steel Ltd. IEL has been appointed as the Manager and controller of the deal representing Fauji Foundation.
Agha Steel Industries confirmed later on, that they have received an intention from Fauji Foundation to acquire its shares and control. The intention has been notified to the Board of Directors of Agha Steel Industries.
