Ningbo Green Light Energy completes Pakistan first SPAC listing on PSX
Ningbo Green Light Energy Limited achieved the listing of Pakistan's first Special Purpose Acquisition Company transaction on the main board of the Pakistan Stock Exchange in Karachi on Tuesday.
Gong ceremony marks historic listing
The Pakistan Stock Exchange hosted a Gong Ceremony to celebrate the successful completion of this deal. Director Ahmed Chinoy described the event as a landmark achievement for the country's capital market. The transaction merged LSE SPAC-I Limited into Ningbo Green Light Energy Limited.
Court sanctioned business combination
Lahore High Court sanctioned the Scheme of Arrangement on September 30, 2026. This legal approval paved the way for the solar energy company to become publicly listed. The merger was structured and facilitated by LSE Capital.
Company specializes in solar work
Ningbo Green Light Energy Limited operates in the renewable energy sector. Its services include engineering, procurement and construction, system integration, and operations maintenance. The listing provides an alternative route for growth-oriented businesses to access public capital.
All 2 outlets report consistently
No differences in figures, names or dates across these reports.
- Associated Press of Pakistan
- Business Recorder
Reported by
2 independent outlets. Headlines as published. Links open the original report.