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HBL and Arif Habib Limited sign a mandate with Ghani Ceramics Limited for advisory on IPO and Listing of the Company on PSX

October 2022
The mandate was signed by Muhammad Nassir Salim, Head Branch Banking & Acting Head Islamic Banking – HBL (sitting 1st from left), Imtiaz Ahmed Khan, Chairman - Ghani Group (sitting 2nd from left), and Shahid Ali Habib, CEO - Arif Habib Limited (sitting 3rd from left). Senior members from respective organizations were also present at the occasion.

Lahore, Pakistan – 25 October 2022: HBL and Arif Habib Limited have formed a consortium for providing advisory services in respect of the Initial Public Offering and listing of Ghani Ceramics Limited on the Pakistan Stock Exchange. A signing ceremony was held at the Head Office of Ghani Group in Lahore.

Ghani Ceramics Limited is a concern of Ghani Group; a reputed business house with interests in Container glass, Float glass, Value added glass, Mining, Ceramics, etc. The main business activity of Ghani Ceramics is the manufacturing of floor & wall tiles, its unit is located in
Faisalabad.

Commenting on the occasion, Chairman – Ghani Group, said, “Ghani is one of the few Sharia-compliant groups of Pakistan and has been managing all their short term & long-term requirements through equity. He added that our mission is to be successful by effectively & efficiently utilizing our philosophies so that we achieve & maintain constantly the High Standards of Product Quality & Customer Satisfaction. Ghani has dominated the glass market for a long by not only owning the biggest glass manufacturing operations but also by pocketing the largest market share in all its glass products line up in Pakistan. I am confident about the company’s growth and safe future. With the