Maple Leaf Cement approves merger with Pioneer Cement

Maple Leaf Cement Factory Limited approved a scheme to merge Pioneer Cement Limited into the company, subject to shareholder and court approvals. Pioneer Cement shareholders will receive 2.65 Maple Leaf shares per Pioneer share.

“The MLCF board approved the scheme at its meeting on September 2 under Sections 279 to 283 and other applicable provisions of the Companies Act, 2017.”propakistani.pk

• 3 sources
• propakistani.pkMaple Leaf Cement Approves Merger Wiith Pioneer CementMuhammad BilalSep 2, 2026
• mettisglobal.newsMLCF board clears amalgamation of PIOC, subject to LHC nodMG NewsSep 2, 2026
• cemnet.comLCF to merge with PIOC via share swapICR NewsroomSep 3, 2026

Summarized from public sources; check the original articles before acting on it.