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Awards and certifications
Al-Shaheer Corporation is ISO 9001:2000 certified. It received SAFE Food Award 2009 by URS for quality and hygiene.[no citations needed here] In 2009, Al Shaheer also won the first ‘Best Export Performance’ award for Fresh and Frozen Meat from the Federation of Pakistan Chamber of Commerce and Industry.[no citations needed here]
Initial Public Offering
In June 2015, 18.75m shares of Al-Shaheer Co-operation were offered to large investors. Through the process of Book Building, the strike price of a share (having face value of Rs. 10) was settled at Rs. 95. This provoked a great discussion in Pakistani business and investment circles about the process of Book Building and the possibility of price manipulation inherent in the process, with many calling for a return to the Dutch Auction method of IPO.
- "Al Shaheer Corporation Ltd, ASC:KAR interactive chart - FT.com" (in en-us). https://markets.ft.com/data/equities/tearsheet/charts?s=ASC:KAR. Retrieved 10 October 2017.