Sazgar Engineering Works Limited plans to introduce ARCFOX, the electric vehicle brand of China’s BAIC Group, in Pakistan, according to a disclosure to the Pakistan Stock Exchange. ARCFOX has engineering and technology collaborations involving Magna and Huawei. The disclosure signals a potential addition to Pakistan’s electric vehicle market, but the details provided do not specify a launch date, models or prices.Sazgar Reveals ARCFOX Plans in PSX Filing

SE Fruits and Vegetable Limited’s IPO book-building portion was fully subscribed within two hours of opening, reflecting strong investor demand. Bidding will continue until September 22, after which the final strike price will be determined. The company is offering 30 million ordinary shares, equivalent to 32.01% of its post-IPO paid-up capital. The IPO has a floor price of Rs40 per share, while the strike price can rise by up to 60% to a maximum of Rs64, subject to demand during the book-building process.

Dada Partners (Private) Limited acted as exclusive financial adviser to QistBazaar on its PKR 500 million unrated, privately placed Sukuk. The landmark transaction introduces a Shariah-compliant capital-market structure for Pakistan’s buy-now-pay-later fintech sector and represents the first issuance in a planned Sukuk series. Dada Partners managed the process from concept development and structuring to marketing, investor engagement, subscription and disbursement. Leading corporate and high-net-worth investors fully subscribed to the issuance through a dedicated private-placement fund vehicle.