SAZEW clarifies no equity investment in Philippines three-wheeler project
Sazgar Engineering Works Limited (PSX: SAZEW) has clarified that it has made no equity investment in a three-wheeler manufacturing and assembly plant in the Philippines, saying the facility has been set up by its distributor and not by the company it
November 03, 2026 (MLN): Sazgar Engineering Works Limited (PSX: SAZEW) has clarified that it has made no equity investment in a three-wheeler manufacturing and assembly plant in the Philippines, saying the facility has been set up by its distributor and not by the company itself. The company responded to news reports circulating on social media that claimed it had established, or was setting up, a three-wheeler manu...