Pace (Pakistan) Limited has announced that it has completed the sale of its entire 56.79 percent shareholding in Pace Super Mall (Private) Limited to First Capital Securities Corporation Limited for a total consideration of Rs. 452.854 million.
The company said in a filing on Friday that the transaction involved the disposal of 9,161,528 fully paid ordinary shares valued at Rs. 10 each.
The sale generated a gain of Rs. 361.64 million, which has been recognized under “Other Income” in the company’s profit and loss statement for the quarter ended September 30, 2025.
Pace (Pakistan) Limited added that the disinvestment had been approved by shareholders during the Extraordinary General Meeting held on September 24, 2025.
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