Nishat Hotels & Properties seeks majority stake in Rafhan Maize
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Sapphire Fibres eyes 75.69% stake in Rafhan Maize
May 16, 2025 (MLN): Sapphire Fibres Limited (PSX: SFL) has disclosed its intention to acquire up to 75.69% shareholding in Rafhan Maize Products Company Limited. The aforementioned information was disseminated through a notification to Exchange. Furthermore, Rafhan Maize Products Company Limited, with a market capitalization of Rs85 billion, has attracted strong interest, with three parties shortlisted for the potential acquisition. The shortlis…
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