PESHAWAR: FF Steel (Frontier Foundry Steel (Pvt) Ltd), the largest unlisted steel manufacturing company in Pakistan has achieved a major corporate milestone of conversion into a Public Limited Company, said a press release on Thursday. FF Steel has consistently maintained its esteemed reputation within the steel industry, primarily recognized for its production of high-quality steel bars and ensuring the utmost customer satisfaction. This strategic shift has been undertaken with the ultimate aim of securing a listing on the Pakistan Stock Exchange. APP
This milestone marks a pivotal moment in FF Steel’s commitment to growth and is a reflection of the company’s desire to expand its horizons, attract new investors, and contribute to the economic development of KPK and Pakistan as a whole.
This bold move comes at a time when listing at PSX has been hit by an impasse over the last few years owing to the macroeconomic woes of the country and is a testament to the company’s resilience and growth spanning over many decades.
It is also interesting to note that this would be the first listing from a KPK based company after 17 years that can be a gate opener for corporatization and industrialization in KPK.
