Pakistan’s National Foods divests majority stake in A1 Bags and Supplies

National Foods Limited (NATF) announced that its wholly owned subsidiary, National Foods Dubai Multi Commodities Centre (NFDMCC), has divested a majority portion of its shareholding in A1 Bags and Supplies Incorporated. The company disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Monday. “It is notified that National Foods Limited’s wholly owned subsidiary i.e. National Foods Dubai Multi Commodities Centre (NFDMCC), has duly executed a share purchase and other ancillary agreements with Chemical Chase Morgan Partners & Arfa Holdings Incorporated dated 10th October 2025, whereby 50.5% of the 60% shareholding in A1 Bags and Supplies Incorporated held through National Epicure Incorporated Canada has been duly divested,” read the notice.