Service Fabrics plans rights issue to speed up revival
LAHORE: Service Fabrics, a shell company recently acquired by a manufacturer of industrial and medical gases and medical purpose glass tubes and vials, aims to raise $15 million through an issue of right shares in a fast-track corporate revival plan as a sign of increased capital market fundraising activity in Pakistan...
“These funds will be used for investment in the setting up of two manufacturing plants: one for supercapacitor...