October 22, 2024

PSX marks listing of BF Biosciences Ltd with a gong ceremony

Pakistan Stock Exchange (PSX) held a gong ceremony to mark the listing of BF Biosciences Limited (BFBIO). BFBIO is a pharmaceutical joint venture between Ferozsons Laboratories Ltd and Bago Group of Argentina. The listing follows the successful IPO of BFBIO whereby the book building portion of the Issue was oversubscribed by 3.4 times. Prominent guests at the gong ceremony included Mr. Osman Khalid Waheed (CEO of Ferozsons Laboratories Limited), Mr. Farhan Rafiq (COO of BF Biosciences Limited), Mr. Rallys Eduardo Pliauzer (Group Director, Grupo Empresarial Bago S.A.) and Mr. Shahid Ali Habib (CEO of Arif Habib Limited, the Lead Manager to the Issue). The Argentinian ambassador to Pakistan, H.E. Mr. Sebastian Sayus graced the occasion with his presence. On behalf of PSX, the guests were welcomed by Mr. Nihal Cassim (PSX’s Director), Dr. Fakhara Rizwan (PSX’s Company Secretary & Chief Legal & Corporate Affairs Officer), and senior management of Pakistan Stock Exchange. The gong ceremony included welcome remarks and speeches from the hosts (PSX) and the distinguished guests respectively. The event concluded with media bites and brief Q&As recorded by the media representatives from the team members of BF Biosciences Ltd, Ferozsons Laboratories Ltd, Bago Group, and Arif Habib Ltd.