{"id":12472,"date":"2024-12-31T01:29:22","date_gmt":"2024-12-31T01:29:22","guid":{"rendered":"https:\/\/gsrra.com\/?p=12472"},"modified":"2024-12-31T01:29:23","modified_gmt":"2024-12-31T01:29:23","slug":"pakistani-dutch-egg-firm-eyes-ipo-to-raise-rs-1-2-billion","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=12472","title":{"rendered":"Pakistani-Dutch Egg Firm Eyes IPO to Raise Rs. 1.2 Billion"},"content":{"rendered":"\n<p>Barkat Frisian Agro Ltd, a Pakistani \u2013 Dutch Joint Venture Company, is planning an initial public offering next in January 2025, Bloomberg&nbsp;<a href=\"https:\/\/www.bnnbloomberg.ca\/business\/international\/2024\/12\/30\/pakistan-dutch-egg-firm-eyes-ipo-to-raise-output-71\/\" target=\"_blank\" rel=\"noreferrer noopener\">reported&nbsp;<\/a>on Monday.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>The company, Pakistan\u2019s largest egg products manufacturer, is looking to raise as much as Rs. 1.2 billion ($4.3 million) through the offer, Bloomberg said quoting Shahid Ali Habib, chief executive officer at Arif Habib Ltd., lead manager and book runner for the transaction.&nbsp;&nbsp;<\/p>\n\n\n\n<p>According to the report, the company intends to use the funds to develop its new production plant in Faisalabad\u2019s special economic zone.&nbsp;&nbsp;<\/p>\n\n\n\n<p>The company aims to increase its annual production capacity to 29,000 tons from 17,000 tons to meet rising demand from domestic and overseas customers. Currently, the company has a plant in Karachi.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Barkat Frisian Agro manufactures and sells pasteurized eggs, egg yolks, egg whites, and customized egg-based products tailored for food manufacturers.&nbsp;&nbsp;<\/p>\n\n\n\n<p>Frisian Egg Group, the Dutch partner, has been producing egg products for over 3 decades and currently has production facilities in Netherlands, Egypt and China.&nbsp;<\/p>\n\n\n\n<p>Reference Link:- <a href=\"https:\/\/propakistani.pk\/2024\/12\/30\/pakistani-dutch-egg-firm-eyes-ipo-to-raise-rs-1-2-billion\/\" target=\"_blank\" rel=\"noopener\">https:\/\/propakistani.pk\/2024\/12\/30\/pakistani-dutch-egg-firm-eyes-ipo-to-raise-rs-1-2-billion\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Barkat Frisian Agro Ltd, a Pakistani \u2013 Dutch Joint Venture Company, is planning an initial public offering next in January 2025, Bloomberg&nbsp;reported&nbsp;on Monday.&nbsp;&nbsp;&nbsp; The company, Pakistan\u2019s largest egg products manufacturer, is looking to raise as much as Rs. 1.2 billion ($4.3 million) through the offer, Bloomberg said quoting Shahid Ali Habib, chief executive officer at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12473,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[9282,9280,9281,132,9278,9284,105,8132,36,9277,9283,9279],"class_list":["post-12472","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sample-category","tag-arif-habib","tag-barkat-frisian-agro-ltd","tag-dutch-joint-venture","tag-economy","tag-egg-industry","tag-faisal-abad","tag-geopolitics-2","tag-joint-venture","tag-pakistan","tag-pakistani-dutch-egg-firm-eyes-ipo-to-raise-rs-1-2-billion","tag-special-economic-zone","tag-dutch"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/12472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12472"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/12472\/revisions"}],"predecessor-version":[{"id":12474,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/12472\/revisions\/12474"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/12473"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}