Amir Noman submits PAI to acquire 50% stake in Bela Automotives

17:00
June 10, 2024

June 10, 2024 (MLN): Adam Securities Limited, on behalf of its client, Amir Noman has submitted a Public Announcement of Intention (PAI) to acquire 2,900,000 ordinary shares representing 50% of the total paid-up ordinary shares of 5,800,000 and control of Bela Automotives Limited (PSX: BELA)

The public announcement of intention is intended to be published in one English and one Urdu national newspaper on June 12, 2024.

Adam Securities Limited has been appointed as Manager to the Offer by the Acquirer, the brokerage house said in a notice issued to the Pakistan Stock Exchange (PSX) today.

It is worth adding here that BELA is currently under the defaulter segment of PSX. The company produces and markets automotive parts, bicycle parts, bolts, nuts, cold forged parts, machinery parts etc at Hub, near Karachi.

Copyright Mettis Link News

Posted on: 2024-06-10T16:52:36+05:00

FOREX

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COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.55000	278.75000	278.75000	278.55000	03:00 PM
2	EUR	1.07095	1.07101	1.07101	1.07095	08:51 PM
3	GBP	1.26836	1.26845	1.26845	1.26836	08:51 PM
4	CHF	0.89545	0.89553	0.89553	0.89545	08:51 PM
5	JPY	159.70600	159.71600	159.71600	159.70600	08:51 PM
6	CAD	1.36641	1.36654	1.36654	1.36641	08:51 PM
7	AUD	0.66410	0.66413	0.66413	0.66410	08:51 PM
8	INR	83.43250	83.43300	83.43300	83.43250	08:51 PM
9	SAR	3.75180	3.75200	3.75200	3.75180	05:51 AM
10	AED	3.67260	3.67340	3.67340	3.67260	03:43 AM
11	HKD	7.80860	7.80870	7.80870	7.80860	08:51 PM
12	CNH	7.28831	7.28852	7.28852	7.28831	08:51 PM
13	CNY	7.26290	7.26300	7.26300	7.26290	06:59 PM
14	THB	36.74100	36.75800	36.75800	36.74100	08:51 PM
15	MYR	4.70750	4.71250	4.71250	4.70750	08:23 PM
16	IDR	16,390.00000	16,407.50000	16,407.50000	16,390.00000	08:51 PM
17	SGD	1.35479	1.35487	1.35487	1.35479	08:51 PM
18	NZD	0.61160	0.61166	0.61166	0.61160	08:51 PM
19	MXN	18.12940	18.15940	18.15940	18.12940	08:51 PM
20	TRY	32.94790	32.95790	32.95790	32.94790	08:51 PM
21	SEK	10.50940	10.51780	10.51776	10.50942	08:51 PM
22	ZAR	18.24060	18.27060	18.27060	18.24060	08:51 PM
23	NOK	10.61960	10.62680	10.62680	10.61962	08:51 PM
24	DKK	6.96453	6.96503	6.96503	6.96453	08:51 PM
25	ARS	909.22800	909.23800	909.23800	909.22800	08:51 PM
26	BDT	115.87900	119.23800	119.23755	115.87875	07:19 AM
27	BHD	0.37693	0.37700	0.37700	0.37693	05:51 AM
28	BRL	5.45070	5.45370	5.45370	5.45070	08:49 PM
29	KRW	1,391.14000	1,391.22000	1,391.22000	1,391.14000	08:51 PM
30	KWD	0.30663	0.30673	0.30673	0.30663	05:12 AM
31	LKR	302.15000	308.68000	308.68044	302.15029	07:19 AM
32	OMR	0.38497	0.38500	0.38500	0.38497	03:41 AM
33	QAR	3.64450	3.64650	3.64650	3.64450	05:51 AM
34	RUB	87.49340	87.50180	87.50180	87.49339	08:51 PM
35	AFN	69.75140	71.61710	71.61715	69.75139	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	07:51 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	01:19 PM
38	MVR	15.26000	15.55000	15.55000	15.26000	01:25 PM
39	UZS	12,575.00000	12,625.00000	12,625.00000	12,575.00000	01:41 PM
40	PHP	58.72200	58.75800	58.75800	58.72200	08:51 PM
42	NGN	1,535.39000	1,536.39000	1,536.39000	1,535.39000	08:26 PM
43	KES	127.50000	129.50000	129.50000	127.50000	08:26 PM
44	AMD	388.20000	388.20000	388.20000	388.20000	08:11 AM
45	TWD	32.46600	32.49600	32.49600	32.46600	08:51 PM
46	XAU	2,318.59000	2,319.03000	2,319.03000	2,318.59000	08:51 PM
47	XAG	28.89020	28.90280	28.90280	28.89020	08:51 PM
48	XPT	985.18600	991.99000	988.60000	986.30000	05:51 AM
49	XPD	941.29000	946.94000	944.25000	941.29000	05:51 AM
2,120	VES	36.31060	36.33020	36.33019	36.31056	08:51 PM
2,212	UGX	3,664.35000	3,748.31000	3,748.30916	3,664.35002	07:19 AM
2,213	TZS	2,634.99000	2,635.01000	2,635.01500	2,634.98500	08:26 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	78,541.22	77,940.580	77,908.98	-291.516	-0.373	130,431,326.0	7,659,018,531.190	25/06/2024 04:12 PM
ALLSHR	49,520.61	49,247.062	49,192.44	-148.900	-0.301	291,713,984.0	11,407,327,767.920	25/06/2024 04:12 PM
KSE30	25,415.06	25,187.031	25,167.84	-116.990	-0.462	41,226,743.0	5,591,681,349.440	25/06/2024 04:12 PM
KMI30	126,843.00	126,183.205	125,979.36	-54.588	-0.043	62,480,397.0	5,691,963,250.810	25/06/2024 04:12 PM
KMIALLSHR	34,743.51	34,656.622	34,544.19	-13.885	-0.040	158,013,580.0	8,324,627,824.880	25/06/2024 04:12 PM
BKTi	20,811.39	20,479.705	20,455.85	-200.210	-0.968	7,471,152.0	1,201,456,433.440	25/06/2024 04:12 PM
OGTi	17,045.73	16,882.002	16,849.00	-128.250	-0.754	6,322,104.0	926,489,721.900	25/06/2024 04:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	61,685.0	62,185.0	61,655.0	-370.00
BRENT CRUDE	EB	84.9	84.9	84.8	-0.11
RICHARDS BAY COAL MONTHLY	EF	112.0	0.0	0.0	3.20
ROTTERDAM COAL MONTHLY	ET	109.8	0.0	0.0	1.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	80.8	80.8	80.7	-0.07
SUGAR #11 WORLD	SB	19.6	19.8	19.2	-0.17

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