Treet Corp boosts Loads Limited rights investment to Rs753m

MG News | December 17, 2025 at 02:29 PM GMT+05:00

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December 17, 2025 (MLN): Treet Corporation Limited (PSX:TREET) has done a significant upward revision in its proposed investment in the upcoming right issue of its associated company, Loads Limited, raised the amount to up to Rs752.9m.

Previously, the board had recommended an investment of up to Rs187.4 million, which has now been substantially enhanced, the company's filing on PSX revealed today.

Under the revised proposal, Treet Corporation intends to subscribe to the right issue at a maximum price of Rs12.5 per share of Loads Limited.

The right issue, as earlier disclosed by Loads Limited on October 23, 2025, is expected to be undertaken in the near future.

To fulfill statutory requirements, Treet Corporation’s management will convene an Extraordinary General Meeting (EOGM) to seek approval from shareholders. Details regarding the meeting will be communicated separately in due course.

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