PIL moves to implement Crescent Star Foods merger, plans issuance of 7.9bn new shares
PICIC Insurance Limited (PSX:PIL) is in the process of implementing the sanctioned scheme of arrangement for the merger of Crescent Star Foods (Private) Limited with and into the company, including the issuance and allotment of approximately 7.9bn ne
October 06, 2026 (MLN): PICIC Insurance Limited (PSX:PIL) is in the process of implementing the sanctioned scheme of arrangement for the merger of Crescent Star Foods (Private) Limited with and into the company, including the issuance and allotment of approximately 7.9bn new ordinary shares. The company said, in a letter dated October 5, 2026 and addressed to the PSX's Listed Companies and Securities Compliance depa...