MG Morning Breeze: Updates to Skim before Market
METTIS GLOBAL • • 1 min read
Mettis Global reported that Lucky Cement, Hub Power Holdings, Kohat Cement Company and Metro Ventures (Private) Limited have formed a consortium for a proposed acquisition in Gujranwala Electric Power Company Limited (GEPCO). The group has submitted an Expression of Interest and a Statement of Qualification for a stake of 51% to 100%, which would also carry management control. The headline calls the group shortlisted for the GEPCO privatization, a status the article body does not detail.
Lucky Cement, Hub Power and Kohat Cement are PSX-listed, so the consortium links three stocks to a single transaction. Metro Ventures (Private) Limited is also part of the group, and the report does not state the consortium's valuation or timeline. No submission date is given in the report.
At a glance
- Lucky Cement, Hub Power, Kohat Cement and Metro Ventures formed a consortium for GEPCO.
- The group lodged an Expression of Interest and Statement of Qualification.
- The planned deal would cover 51% to 100% of GEPCO equity along with management control.
Stocks in this story
Originally reported by METTIS GLOBAL
This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.
Read the full storyWant the full article here?
Log in to read the full article in the Investify reader, in English or Urdu.
Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.
More on HUBC
HUBCO’s 660MW coal power unit in Balochistan goes offline after major transformer faultProfit• 22 Oct 2026Negative coverage
HUBC’s CPHGC Unit 1 offline after main transformer faultMettis• 21 Oct 2026Negative coverage
Hubco says BYD vehicle plant in Pakistan to commence operations by mid-December 2026Profit• 21 Oct 2026Neutral coverage
BYD to rely on imports initially, Hubco saysDawn• 21 Oct 2026Positive coverage
HUBCO targets BYD plant launch by end-2026, initial sales of up to 1,500 vehicles monthlyProfit• 20 Oct 2026Positive coverage
HUBCO denies BYD plant delay, targets end-2026 launch: reportBR• 20 Oct 2026Positive coverage
