Al Shaheer Foods
| Public | |
| ISIN | 🆔 |
| Industry | Meat export |
| Founded 📆 | August 2008 |
| Founder 👔 | |
| Headquarters 🏙️ | Karachi, Pakistan |
Area served 🗺️ | Middle East |
Key people | Kamran Khalili (CEO) |
| Products 📟 | Chilled Beef Chilled Mutton Offals |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Al-Shaheer Foods is a publicly traded company in Pakistan.[1]
Awards and certifications[edit]
Al-Shaheer Corporation is ISO 9001:2000 certified. It received SAFE Food Award 2009 by URS for quality and hygiene.[citation needed] In 2009, Al Shaheer also won the first ‘Best Export Performance’ award for Fresh and Frozen Meat from the Federation of Pakistan Chamber of Commerce and Industry.[citation needed]
Initial Public Offering[edit]
In June 2015, 18.75m shares of Al-Shaheer Co-operation were offered to large investors. Through the process of Book Building, the strike price of a share (having face value of Rs. 10) was settled at Rs. 95. This provoked a great discussion in Pakistani business and investment circles about the process of Book Building and the possibility of price manipulation inherent in the process, with many calling for a return to the Dutch Auction method of IPO.
References[edit]
- ↑ "Al Shaheer Corporation Ltd, ASC:KAR interactive chart - FT.com". markets.ft.com. Retrieved 10 October 2017.
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