AKD Securities issues PAI to acquire 98.23% share capital of Baba Farid Sugar Mills

By MG News | January 17, 2019 at 02:07 PM GMT+05:00

0:00

January 17, 2019 (MLN): AKD Securities Limited has issued a Public Announcement of Intention on behalf of Naubahar Bottling Company Pvt. Limited (Acquirer), whereby it has been appointed as the Manager to the offer by the acquiring company, to acquire 9,282,728 ordinary shares of Baba Farid Sugar Mills Limited (Target Company).

The said number of ordinary shares constitute 98.23% of the issued share capital of the Target Company, together with management control.

Copyright Mettis Link News

Related News

TRG in Supreme Court

UDPL attributes filing delay to internal issues

TRG Pakistan plans appeal against IHC Order

Name	Price/Vol	%Chg/NChg
KSE100	133,370.15 344.25M	1.08% 1421.08
ALLSHR	83,081.15 914.93M	1.23% 1011.89
KSE30	40,705.30 139.76M	0.79% 317.54
KMI30	192,580.68 159.45M	0.63% 1203.85
KMIALLSHR	55,835.71 548.23M	1.16% 641.74
BKTi	36,317.17 36.80M	1.36% 488.93
OGTi	28,542.96 8.63M	0.34% 96.61

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,375.00	110,525.00 107,840.00	-2040.00 -1.85%
BRENT CRUDE	69.71	69.94 67.22	1.41 2.06%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	2.90 3.07%
ROTTERDAM COAL MONTHLY	106.00	106.75 106.00	0.25 0.24%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.09	68.32 65.40	1.09 1.63%
SUGAR #11 WORLD	16.25	16.46 16.07	-0.13 -0.79%