SSGC plans IPO for LPG subsidiary
KARACHI: Sui Southern Gas Company (SSGC) has announced plans to list its subsidiary, SSGC LPG, on the Pakistan Stock Exchange (PSX) in the future. This move aims to facilitate new funding for current and upcoming projects by offering shares to the general public. In a disclosure to the PSX, the natural gas utility said the board of directors of Sui Southern Gas Company Limited (SSGCL) has approved “the conversion of the status of SSGC LPG (Private) Limited from Private Limited to Public Limited. This approval is granted to begin the process of issuing 33.33 million shares of common stock of
