Karachi November 15 2024: Pakistan International Bulk Terminal Limited director sold 100 million shares at a price of PKR 8.26 per share on 11th November 2024, according to company filing to the exchange.
Share price of the company drops 5.9 percent after the announment at Pakistan Stock Exchange on Friday.
On 8th November, PIBTL issued notification that Reko Diq Mining Company (Private) Limited has identified and approached the company as the preferred port to enable it to utilise PIBT’s terminal and its infrastructure for the handling of its cargo concentrate for the initial phase of the Reko Diq project.
Share price of the company surged more than 30 percent following the announcment with Reko Diq.
