AKD Securities submits PAI on ARY Communications’ behalf to acquire over 51% Stake in WorldCall Telecom

MG News | August 06, 2020 at 11:45 AM GMT+05:00

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August 6, 2020 (MLN): AKD Securities Limited, on behalf of ARY communications Limited and ARY Digital FZ LLC, has submitted Public Announcement of Intention (PAI) to acquire more than 51% of the Issued and Paid-up Share Capital of WorldCall Telecom Limited together with management control.

Via notification to Exchange, AKD securities has informed that it has been appointed as the Manager to the Offer, in accordance with the provisions of the Act and the Regulations

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