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PACE to invest Rs1.5bn in Ever Green Water Valley
Pace (Pakistan) Limited (PACE) has announced that its board of directors has approved an equity investment of up to Rs1.5 billion in associated company Ever Green Water Valley (Pvt.) Ltd. and the divestment of its 15.4% stake in Pace Barka Properties Limited. The listed company, a part of First Capital Group, which owns and operates a diversified business portfolio, shared the development via a notice to the Pakistan Stock Exchange (PSX) on Friday. “This is to inform you that the board of directors of the company has approved to make an equity Investment in Ever Green Water Valley (Pvt.) Ltd, ...
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