Five years ago, the market capitalization of the Company was Rs.1.95 billion which has increased to Rs.4.52 billion on December 31, 2016. Pakistan Stock Exchange (PSX) generated above average gains in the outgoing year 2016. Benchmark total return KSE-100 Index gained 46% (45% in US$ terms) in 2016 compared to last 10-year average return of 20% (15% in US$ terms) and last 20-year average return of 24% (19% in US$ terms). Read More
The Company executed a Share Purchase Agreement (SPA) dated
March 22, 2012 for acquisition of 32,260,000 fully paid ordinary shares of Hub Power Company Limited (Hubco)
Pakistan Stock Exchange Story
The Company was selected amongst the Top 25 companies for the year 2014 by Pakistan Stock Exchange on September 16, 2016. Cyan was selected by the KSE on the basis of a comprehensive parameter, which includes dividend payouts, return on equity, compliance with Listing Regulations and sound corporate governance practices.