According to a disclosure sent to the Pakistan Stock Exchange, First National Equity Limited (FNL) has released a series of important strategic measures, which includes a significant distribution, its real estate expansion of poor, and bold entry into Pakistan’s pharmaceutical sector. 2025.
With the company’s Board of Directors, with the approval of the annual audited financial statements, three important decisions are green lettuce.
King Bhai Digsol (Private) Ltd. Distributed from
Furnel has agreed to sell its 20 % of its 20 % equity shares, promoting 10,000 class-B voting shares in King Bhai Digsol (Private) Limited for PKR 280 million. The value of this deal is about Rs 500 to King Bhai Digsol. 1.5 billion, based on free diagnosis.
Fern says the move is part of a strategy to unlock the value of high development opportunities and redirect the capital.
FNE Development (Private) extension extended to
The board has approved the investment of up to Rs. 400 million in its subsidiary, FNE Development (Private) Limited. This investment, which can take the form of equity, loans, or other financial equipment, aims to accelerate development in real estate and infrastructure projects, has strong revenue capacity in the fields of sectors.
Entry into the pharmaceutical sector
Furnail is ready to invest up to Rs. Pharmaceutical preparation facility or 500 million, independently or in partnership with its subsidiaries or colleagues to establish or achieve the company.
This is the first place in the pharmaceutical industry, which the company describes as one of Pakistan’s most intelligent and high growth sector.
All these decisions are subject to approval by the shareholders and regulatory authorities.