Tue, 21-Oct-2025

CCP Approves Acquisition of Shareholding in Singaporean Company with presence in Pakistani Shipping Industry

Capital Development Authority

Islamabad, 2 January 2024: The Competition Commission of Pakistan (CCP) has given approval for a merger in the deep-sea container liner shipping services market. Through the approved merger, M/S. PIL Holdings Pte. Ltd. acquires minor shareholding in M/s. PIL Pte. Ltd. Both entities are registered in Singapore. PIL Pte. has an indirect subsidiary in Pakistan … Read more