AsiaPak Investments, Montage Oil to acquire majority stake in LOTCHEM

MG News | February 13, 2025 at 04:33 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

February 13, 2025 (MLN): Arif Habib Limited, being the Manager to the Offer by AsiaPak Investments Limited and Montage Oil DMCC has officially revealed its intention to acquire a significant majority stake, at least 75.01% of the ordinary shares in Lotte Chemical Pakistan Limited.

This strategic acquisition will be carried out in compliance with the Securities Act 2015 and the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017.

Details regarding this significant event will be published in both an English and an Urdu language newspaper on February 17, 2025.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	167,089.28 109.91M	-0.21% -352.63
ALLSHR	101,117.40 308.32M	-0.15% -155.10
KSE30	49,841.71 50.59M	-0.28% -142.15
KMI30	240,372.43 78.75M	-0.02% -45.72
KMIALLSHR	65,518.16 188.07M	-0.05% -35.70
BKTi	46,228.77 7.60M	-0.60% -281.04
OGTi	33,974.66 4.20M	-0.27% -91.31

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	83,320.00	83,320.00 82,645.00	850.00 1.03%
BRENT CRUDE	104.54	105.09 102.33	0.26 0.25%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	0.75 0.59%
ROTTERDAM COAL MONTHLY	143.40	143.40 143.40	-1.15 -0.80%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	91.66	92.17 90.01	0.17 0.19%
SUGAR #11 WORLD	20.27	20.44 20.09	0.12 0.60%