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Maple Leaf Cement announces possible acquisition of Pioneer Cement

Currently, MLCF Capital and Maple Leaf Cement collectively hold an 18.5% stake in Pioneer

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Shuja Qureshi

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With over 20 years of combined experience in media and stock brokerage, Shuja Qureshi is a seasoned professional who hosts a weekly stock market show on Nukta. Passionate about personal finance, he also presents 'How to Money with Shuja Qureshi' on Nukta.

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Shahbaz Ashraf

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Seasoned Investment Professional | CFA | 17+ Years of Experience in Equity Research, Valuation & Advisory Seasoned investment professional with over 17 years of experience in equity research, financial analysis, valuations, and investment advisory—primarily focused on financial services firms, including equity brokerages, asset management companies, and family offices. Skilled in financial modeling, portfolio management, and evaluating multi-asset investment opportunities. Known for delivering data-driven insights and actionable strategies tailored to both institutional and private clients. Holds a BBA and MBA in Finance from the Institute of Business Management (IoBM), Karachi, and is a Chartered Financial Analyst (CFA).

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Maple Leaf Cement announces possible acquisition of Pioneer Cementplay icon
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Maple Leaf Cement Factory (MLCF) has announced its intention to acquire Pioneer Cement (PIOC).

Currently, MLCF Capital and Maple Leaf Cement collectively hold an 18.5% stake in Pioneer. Following the proposed acquisition, their combined shareholding is expected to increase to approximately 88% including the additional 11% stake through public offer.

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