ISLAMABAD: More than 300 Pakistanis returned home on Tuesday from Bishkek via two Pakistan International Airlines (PIA) flights, the PIA said, days after mob attacks on foreign students in the Kyrgyz capital.
Frenzied mobs targeted hostels of medical universities and private lodgings of international students, including Pakistanis, in Bishkek on May 17 after videos of a brawl between Kyrgyz and Egyptian students went viral on social media. The attacks raised concerns about safety of students from Pakistan, India, Bangladesh and other countries.
Pakistan has since then ramped efforts to repatriate its students from the city and more than 1,000 Pakistani students have returned home via different flights. According to official statistics, around 10,000 Pakistani students are enrolled in various educational institutions in Kyrgyzstan, with nearly 6,000 residing and studying in Bishkek.
On Tuesday, a group of 167 students arrived in Islamabad from Bishkek via a PIA flight, while another flight carrying 169 students landed in the eastern city of Lahore where they were received by PIA Deputy General Manager Athar Hassan and Station Manager Ashfaq Awan, according to the PIA.
“The national airline always stands by its compatriots in times of trouble,” a PIA spokesperson said in a statement. “Additional flights will also be operated as per government guidelines and as per requirement.”
The development came a day after Pakistan Deputy Prime Minister Ishaq Dar met Kyrgyz Foreign Minister Jeenbek Kulubaev in Astana, Kazakhstan on the sidelines of a meeting of the Shanghai Cooperation Organization (SCO) Council of Foreign Ministers.
Dar told his Kyrgyz counterpart that Pakistan’s main concern was the well-being of its nationals, especially the students who were primarily affected by last week’s violence, according to Pakistani state media.
Kulubaev said the Kyrgyz government had taken swift action to restore law and order in the country, and the perpetrators of the mob riots would be punished under the Kyrgyz law.
Two more flights bring over 300 Pakistanis home from Bishkek days after mob attacks
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Two more flights bring over 300 Pakistanis home from Bishkek days after mob attacks
- Frenzied mobs targeted hostels of medical universities, lodgings of international students, including Pakistanis, in Bishkek last week
- Pakistan has since then ramped efforts to repatriate its students from the city and over 1,000 Pakistani students have returned home
In a first, Pakistani corporate dairy farm to make $8.9 million market debut next month
- Ghani Dairies to issue 104.2 million new shares, with most offered via book building
- Company supplies milk to large processors including Nestlé Pakistan and Fauji Foods
KARACHI: Ghani Dairies Limited, a Pakistani corporate dairy farming company, plans to raise about Rs 2.5 billion ($8.9 million) through an initial public offering, in what would be the country’s first listing by a large-scale, automated dairy farm, its advisers said on Tuesday.
The company will issue 104.2 million new shares, representing 24.28 percent of its post-IPO paid-up capital, with 75 percent of the offering allocated through book building and the remainder offered to retail investors, according to a statement by JS Global Capital, the consultant to the issue.
The floor price has been set at Rs 24 per share, and the issue will be fully underwritten.
“This is not just a dairy farm, but a vision for Pakistan’s dairy future,” said Hafiz Avais Ghani, chief executive officer of Ghani Dairies, adding that the company aimed to expand capacity to better serve industrial clients and the broader market.
Ghani Dairies operates a fully automated dairy farm using imported high-yielding cattle and digital herd-management systems, supplying milk primarily to large food and dairy processors.
Its expansion plan includes the import of 1,250 dairy cows, construction of additional milking and heifer sheds, storage facilities and the installation of modern feeding and milking systems.
The company’s customers include Nestlé Pakistan, IRC Dairy, and Fauji Foods, according to the statement.
Khalil Usmani, chief executive of JS Global Capital, said the IPO would give investors exposure to a modern, corporate dairy operation at a time when demand for higher-quality milk and value-added dairy products was rising.
Book building for the offering is scheduled for Feb. 2–3, with the public offering expected to follow on Feb. 9–10, the statement said.
