Muhammad Yasin Fecto agreed to acquire additional 25.002% stake in Fecto Cement Limited (KASE:FECTC) from Muhammad Asad Fecto, Sher Bano and Khair Un Nisa for PKR 1 billion on June 12, 2017. Muhammad Yasin Fecto will pay PKR 80 per share and will acquire 8.4 million shares from Muhammad Asad Fecto, 2.09 million shares from Sher Bano and 2.09 million from Khair Un Nisa. Post completion Muhammad Yasin Fecto will hold 22.7 million shares of Fecto Cement Limited. Muhammad Yasin Fecto cancelled the acquisition of additional 25.002% stake in Fecto Cement Limited (KASE:FECTC) from Muhammad Asad Fecto, Sher Bano and Khair Un Nisa as of June 12, 2018.