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Pakistan

Regal Automobile, Pakistan to raise PKR 800 million through IPO

On January 12, Regal Automobile Industries Limited applied for listing on the Pakistan Stock Exchange (PSX), marking the start of 2022 after a stellar year for initial public offerings (IPOs) in 2021. The company will look to raise PKR 800 million through the issuance of 25 million shares at a floor price of PKR 32.
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