Soya Supreme manufacturer APAG makes PSX debut
Agro Processors & Atmospheric Gases Limited (APAG), the manufacturer of Soya Supreme cooking oil and banaspati, was listed on the Pakistan Stock Exchange (PSX) on Tuesday following a gong ceremony at the PSX headquarters. The company’s public offering comprised 58.049 million ordinary shares, representing 15% of post IPO paid up capital. Of this, 43.537 million shares were offered through the…
Agro Processors & Atmospheric Gases Limited (APAG), the manufacturer of Soya Supreme cooking oil and banaspati, made its debut on the Pakistan Stock Exchange (PSX) on Tuesday. The company's public offering comprised 58.049 million ordinary shares, representing 15% of its post-IPO paid-up capital. The IPO attracted participation from both institutional and retail investors, with the 58-million-share offering being oversubscribed nearly two times.
APAG CEO Ahmad Aziz Ghulamhussain highlighted the company's ambition to strengthen existing brands, expand into new categories, and create greater value for stakeholders.
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