Arif Habib extends deadline for offer on 68.89% stake in Engro Powergen

MG News | August 23, 2024 at 04:26 PM GMT+05:00

0:00

August 23, 2024 (MLN): Arif Habib Limited has extended the deadline by 90 days for making a Public Announcement of the Offer (PAO) on behalf of Liberty Power Holding (Private), Soorty Enterprises (Private), and Procon Engineering (Private) regarding their acquisition of 68.89% of Engro Powergen Qadirpur Limited.

AHL said that the acquirer has taken all reasonable steps towards completing the necessary regulatory procedures to submit the PAO.

However, some of these regulatory procedures are yet to be completed.

The original deadline for submitting the PAO was August 26, 2024. With the extension, the new deadline for making the PAO regarding the transaction is now November 24, 2024.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	159,578.19 333.05M	-1.06% -1703.58
ALLSHR	96,931.71 859.27M	-1.06% -1038.66
KSE30	48,368.92 143.32M	-1.28% -626.04
KMI30	228,555.67 91.55M	-1.25% -2892.46
KMIALLSHR	63,191.08 415.18M	-1.09% -697.97
BKTi	44,527.46 36.31M	-1.13% -510.27
OGTi	30,789.14 8.49M	-0.76% -236.44

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	103,080.00	103,125.00 99,285.00	2050.00 2.03%
BRENT CRUDE	64.27	64.95 63.90	-0.17 -0.26%
RICHARDS BAY COAL MONTHLY	87.00	87.00 87.00	0.20 0.23%
ROTTERDAM COAL MONTHLY	97.50	97.50 97.40	-0.25 -0.26%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	60.36	61.09 60.01	-0.20 -0.33%
SUGAR #11 WORLD	14.14	14.28 14.05	-0.08 -0.56%