Arif Habib withdraws PAI for acquisition of Engro Powergen Qadirpur shares

MG News | April 04, 2025 at 12:34 PM GMT+05:00

0:00

April 04, 2025 (MLN): Arif Habib Limited (PSX: AHL) issued a withdrawal of the Public Announcement of Intention (PAI) in its capacity as the manager to the offer (MTO) intended to acquire 68.89% of the ordinary shares of Engro Powergen Qadirpur Limited from Engro Energy Limited.

The withdrawal was made on behalf of Liberty Power Holding (Private) Limited, Soorty Enterprises (Private) Limited, and Procon Engineering (Private) Limited (the acquirers), the company's filing on PSX revealed today.

The withdrawal notice has been published in today's editions of Business Recorder and Nawa-i-Waqt. Copies of the newspaper publications are enclosed herewith.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	134,299.77 290.06M	0.39% 517.42
ALLSHR	84,018.16 764.12M	0.48% 402.35
KSE30	40,814.29 132.59M	0.33% 132.52
KMI30	192,589.16 116.24M	0.49% 948.28
KMIALLSHR	56,072.25 387.69M	0.32% 180.74
BKTi	36,971.75 19.46M	-0.05% -16.94
OGTi	28,240.28 6.19M	0.21% 58.78

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	118,140.00	119,450.00 115,635.00	4270.00 3.75%
BRENT CRUDE	70.63	70.71 68.55	1.99 2.90%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	1.10 1.14%
ROTTERDAM COAL MONTHLY	108.75	108.75 108.75	0.40 0.37%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.75	68.77 66.50	2.18 3.27%
SUGAR #11 WORLD	16.56	16.60 16.20	0.30 1.85%