Pakistan, Oct. 14 -- Thatta Cement Company Limited (TCCL) has achieved a major milestone in its financial growth and diversification strategy with the successful completion of a PKR 5.5 billion Islamic Sukuk and a strategic acquisition in Pakistan's hospitality sector by acquiring 28% share of Pakistan Services Limited which actorly runs

The company has acquired 9,107,800 voting shares, representing 28% of Pakistan Services Limited, at Rs. 710 per share. This landmark investment reflects TCCL's long-term vision to diversify its portfolio and strengthen shareholder value by venturing beyond the cement industry.

The completion of the Rated, Secured, Listed, and Privately Placed Long-Term Islamic Sukuk marks a significant step toward reinf...