AKD Group Holdings pulls out of acquisition bid for EFG Hermes Pakistan

15:00
April 8, 2024
MG

April 08, 2024 (MLN): AKD Group Holdings (Pvt) Limited has withdrawn its Public Announcement of Intention (PAI) to acquire more than 51% of the voting shares and control of EFG Hermes Pakistan Limited (PSX: EFGH).

Topline Securities Limited, the manager to the offer revealed through a notice issued to local bourse today.

To recall on October 30, 2023, AKD Group Holdings withdrew its public announcement and renewed bid for the target company.

The company is Trading Right Entitlement Certificate (TREC) Holder of Pakistan Stock Exchange Limited.

At the time of writing, EFGH's scrip is trading at Rs16.17, up by 1.12 Rupees or 7.44% compared to the last close.

Copyright Mettis Link News

Posted on: 2024-04-08T14:40:38+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.40000	278.60000	278.60000	278.40000	03:03 PM
2	EUR	1.08550	1.08580	1.08580	1.08550	06:12 PM
3	GBP	1.27106	1.27115	1.27115	1.27106	06:12 PM
4	CHF	0.91047	0.91094	0.91094	0.91047	06:12 PM
5	JPY	156.15300	156.16300	156.16300	156.15300	06:12 PM
6	CAD	1.36370	1.36420	1.36420	1.36380	06:12 PM
7	AUD	0.66669	0.66708	0.66708	0.66669	06:12 PM
8	INR	83.32290	83.32340	83.32340	83.32290	06:08 PM
9	SAR	3.75030	3.75050	3.75050	3.75030	03:12 AM
10	AED	3.67260	3.67340	3.67340	3.67260	03:07 AM
11	HKD	7.80290	7.80300	7.80300	7.80290	06:12 PM
12	CNH	7.24785	7.24793	7.24793	7.24785	06:12 PM
13	CNY	7.23760	7.23820	7.23820	7.23760	08:42 PM
14	THB	36.39000	36.41000	36.41000	36.39000	06:12 PM
15	MYR	4.69000	4.69500	4.69500	4.69000	05:14 AM
16	IDR	16,005.00000	16,019.00000	16,019.00000	16,005.00000	06:12 PM
17	SGD	1.34680	1.34744	1.34744	1.34680	06:12 PM
18	NZD	0.60920	0.60980	0.60980	0.60920	06:12 PM
19	MXN	16.62340	16.65260	16.65260	16.62340	06:12 PM
20	TRY	32.15570	32.29970	32.29968	32.15573	06:12 PM
21	SEK	10.68800	10.69700	10.69700	10.68800	06:12 PM
22	ZAR	18.05720	18.08720	18.08720	18.05720	06:12 PM
23	NOK	10.66390	10.67460	10.67460	10.66390	06:12 PM
24	DKK	6.87251	6.87351	6.87351	6.87251	06:12 PM
25	ARS	889.22100	889.23100	889.23050	889.22050	06:12 PM
26	BDT	115.52100	118.83400	118.83448	115.52091	07:19 AM
27	BHD	0.37697	0.37701	0.37701	0.37697	03:11 AM
28	BRL	5.12200	5.12500	5.12500	5.12200	06:08 PM
29	KRW	1,361.92000	1,363.92000	1,363.92000	1,361.92000	06:12 PM
30	KWD	0.30681	0.30691	0.30691	0.30681	10:31 PM
31	LKR	296.79600	303.23900	303.23893	296.79605	07:19 AM
32	OMR	0.38497	0.38500	0.38500	0.38497	03:06 AM
33	QAR	3.64400	3.64700	3.64700	3.64400	03:11 AM
34	RUB	90.32000	90.34000	90.34000	90.32000	01:55 PM
35	AFN	69.00000	72.00000	72.00000	69.00000	10:53 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	05:22 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	01:50 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	01:54 PM
39	UZS	12,690.00000	12,770.00000	12,770.00000	12,690.00000	02:11 PM
40	PHP	58.15200	58.18600	58.18600	58.15200	06:10 PM
42	NGN	1,420.00000	1,421.00000	1,421.00000	1,420.00000	02:00 PM
43	KES	131.00000	133.00000	133.00000	131.00000	01:20 PM
44	AMD	388.24000	388.24000	388.24000	388.24000	08:19 AM
45	TWD	32.24030	32.27030	32.27030	32.24030	06:11 PM
46	XAU	2,421.33000	2,421.79000	2,421.79000	2,421.33000	06:12 PM
47	XAG	32.02020	32.03210	32.03210	32.02020	06:12 PM
48	XPT	1,053.15000	1,055.55000	1,055.55000	1,053.15000	03:12 AM
49	XPD	1,026.70000	1,032.35000	1,031.66500	1,026.70720	03:12 AM
2,120	VES	36.47890	36.57040	36.57036	36.47887	01:51 PM
2,212	UGX	3,764.48000	3,847.32000	3,847.32206	3,764.48498	07:19 AM
2,213	TZS	2,594.99000	2,595.01000	2,595.01500	2,594.98500	08:38 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	75,482.46	75,206.773	74,958.10	122.769	0.164	159,509,646.0	7,862,049,765.420	21/05/2024 04:12 PM
ALLSHR	48,930.03	48,760.785	48,649.58	114.569	0.236	461,719,427.0	15,861,505,957.820	21/05/2024 04:12 PM
KSE30	24,215.52	24,142.722	24,020.37	49.052	0.204	44,312,280.0	5,147,275,460.140	21/05/2024 04:12 PM
KMI30	124,216.53	123,792.234	123,348.74	221.516	0.179	52,213,352.0	4,219,175,251.110	21/05/2024 04:12 PM
KMIALLSHR	34,986.36	34,822.523	34,741.89	90.541	0.261	267,241,322.0	11,501,191,981.300	21/05/2024 04:12 PM
BKTi	18,711.62	18,692.716	18,272.97	300.008	1.631	10,629,173.0	1,691,478,418.170	21/05/2024 04:12 PM
OGTi	17,826.87	17,628.302	17,593.24	-109.662	-0.618	6,009,888.0	951,426,115.590	21/05/2024 04:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	70,065.0	70,065.0	70,060.0	565.00
BRENT CRUDE	EB	82.5	83.8	82.0	-1.18
RICHARDS BAY COAL MONTHLY	EF	101.9	0.0	0.0	-4.85
ROTTERDAM COAL MONTHLY	ET	106.8	107.3	106.8	0.95
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	78.1	78.2	78.1	-0.56
SUGAR #11 WORLD	SB	18.6	18.8	18.4	-0.11

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