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Panther Tyres raises Rs2.63b in IPO

Panther Tyres Limited raised funds worth Rs2.63 billion through auction of 40 million shares to institutional, rich individual and retail investors at the Pakistan Stock Exchange (PSX) on Thursday. The financing will be utilised for expansion of its tyre and tube manufacturing capacity. The company got a share price of Rs65.8 each during the two-day […]

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