Swat ceramics to acquire Karam Ceramics

Arif habib limited (AHL) arguably the Pakistan’s largest investment banking and broker firm, publicly announced their objective to obtain up to 95.5 Percent market shares of Karam ceramics to be transferred to their company, the Swat ceramics private limited Company, according to the provision of the securities act and the regulations of the listed companies. Arif Habib limited is to organize and manage the transfer of the shares under their supervision. This step will play a major role in the increment of the market worth of the receiving company along with a bright chance for the betterment of the stock market in Pakistan. The details and technicalities of the deal have already been sent to the Pakistan Stock exchange.