Stocks Observer. com

ICI Pakistan Limited was incorporated as a public limited company in 1952 and is listed on all the three Stock Exchanges of Pakistan. ICI Pakistan is mainly engaged in the manufacture of polyester staple fiber, POY chips, soda ash, paints, specialty chemicals, sodium bicarbonate and polyurethanes. ICI Pakistan is also involved in the marketing of seeds, toll manufactured and imported pharmaceuticals and animal health products. The company also trades in general chemicals and acts as an indenting agent. ICI Omicron B.V. the associated company of ICI Pakistan Limited and a subsidiary of ICI Plc, UK continues to own 75.81% stake in the company. ICI Pakistan has a strong portfolio comprising of five different businesses namely Polyester, Soda ash, Paints, Chemicals and Life Sciences. The recent merger: An unprecedented strength and potential ICI Plc, UK in a recently takeover bid was acquired by a leading supplier of specialty chemicals and world’s largest global paints and coating company

Company overview Millat Tractors Limited (MTL) - a leading engineering concern in the domestic automobile sector that started its operations in 1964 as Rana Tractors and Equipment Limited. In 1972, the company subsequently changed its name to Millat Tractors Limited (MTL) at the time of its take-over. The company is listed on all the three stock exchanges of the country. Millat Tractors is engaged in assembly and manufacture of agricultural tractors and equipments with the principal activity including distribution of “Massey Ferguson” tractors imported from UK in completely knock-down (CKD)/semi knock-down (SKD) condition. The company has achieved a deletion level of more than 90% with the successful implementation of a comprehensive plan on the back of installation of appropriate in-house manufacturing facilities and development of more than 200 vending associates. Millat Group The company owns 64.1% stake in its subsidiary company Millat Industrial Product. Besides investment in its