Asiapak no longer interested to buy LOTCHEM stake

16:30
January 24, 2023

January 24, 2023 (MLN): AsiaPak Investments Limited has withdrawn its interest to acquire 75.01% voting shares and control of Lotte Chemical Limited (LOTCHEM), a notice by the company to PSX on Tuesday showed.

In this regard, Topline Securities Limited as the Manager to Offer on behalf of AsiaPak withdraw the Public Announcement of Intention (PAI), published on 15 August 2022.

On August 11, 2022, Asiapak has expressed its intention to acquire 75.01% which is 1,135,860,105 of the total issued share capital of LOTCHEM.

To note, Asiapak is an investment holding company. Through its various subsidiaries, it owns, through acquisitions, controlling shareholding in Daewoo Pakistan Express Bus Service Limited and Liberty Power Limited.

Currently, the stock of LOTCHEM is valued at Rs25.52, up by Rs1.16 or 4.76%.

Copyright Mettis Link News

Posted on: 2023-01-24T14:59:55+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	286.70000	286.75000	286.75000	286.70000	03:02 PM
2	EUR	1.04775	1.04786	1.04786	1.04775	02:45 AM
3	GBP	1.20877	1.20894	1.20894	1.20877	02:45 AM
4	CHF	0.91790	0.91812	0.91812	0.91790	02:45 AM
5	JPY	149.82200	149.85200	149.85200	149.82200	02:45 AM
6	CAD	1.36724	1.36738	1.36738	1.36724	02:45 AM
7	AUD	0.63635	0.63643	0.63643	0.63635	02:45 AM
8	INR	83.35980	83.36030	83.36030	83.35980	02:44 AM
9	SAR	3.75050	3.75070	3.75070	3.75050	11:45 AM
10	AED	3.67260	3.67340	3.67340	3.67260	08:58 AM
11	HKD	7.83270	7.83280	7.83280	7.83270	02:45 AM
12	CNH	7.32195	7.32203	7.32203	7.32195	02:45 AM
13	CNY	7.30100	7.30200	7.30200	7.30100	03:37 AM
14	THB	36.95000	36.97000	36.97000	36.95000	02:45 AM
15	MYR	4.71450	4.71950	4.71950	4.71450	12:20 AM
16	IDR	15,535.00000	15,549.00000	15,549.00000	15,535.00000	02:45 AM
17	SGD	1.37266	1.37343	1.37343	1.37266	02:45 AM
18	NZD	0.59451	0.59529	0.59529	0.59451	02:45 AM
19	MXN	17.66200	17.69580	17.69579	17.66200	02:45 AM
20	TRY	27.40730	27.47920	27.47916	27.40730	02:45 AM
21	SEK	11.04510	11.06850	11.06854	11.04507	02:45 AM
22	ZAR	19.18250	19.21250	19.21250	19.18250	02:45 AM
23	NOK	10.83250	10.86030	10.85971	10.83249	02:45 AM
24	DKK	7.11630	7.11730	7.11730	7.11630	02:45 AM
25	ARS	350.00700	350.01700	350.01670	350.00670	02:44 AM
26	BDT	108.60500	112.02200	112.02248	108.60485	04:19 PM
27	BHD	0.37620	0.37700	0.37700	0.37620	07:26 AM
28	BRL	5.06110	5.06410	5.06410	5.06110	02:44 AM
29	KRW	1,353.97000	1,356.10000	1,356.10000	1,353.97000	02:45 AM
30	KWD	0.30928	0.30938	0.30938	0.30928	11:45 AM
31	LKR	321.37000	328.01500	328.01546	321.37009	04:19 PM
32	OMR	0.38493	0.38508	0.38508	0.38493	11:00 AM
33	QAR	3.64460	3.64560	3.64560	3.64460	04:21 AM
34	RUB	98.76500	98.83500	98.83500	98.76500	01:59 AM
35	AFN	77.00000	80.00000	80.00000	77.00000	08:23 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	03:48 PM
37	TMT	3.35000	3.65000	3.65000	3.35000	11:18 PM
38	MVR	15.20000	15.50000	15.50000	15.20000	11:30 PM
39	UZS	12,150.00000	12,250.00000	12,250.00000	12,150.00000	11:40 PM
40	PHP	56.75900	56.91100	56.91100	56.75900	02:45 AM
42	NGN	766.47000	767.47000	767.47000	766.47000	10:32 PM
43	KES	147.35000	149.35000	149.35000	147.35000	11:06 PM
44	AMD	402.21000	402.21000	402.21000	402.21000	05:45 PM
45	TWD	32.32730	32.35730	32.35730	32.32730	02:45 AM
46	XAU	1,827.60000	1,828.20000	1,828.20000	1,827.60000	02:44 AM
47	XAG	21.03120	21.04480	21.04480	21.03120	02:44 AM
2,120	VES	34.33930	34.42540	34.42540	34.33934	11:10 PM
2,212	UGX	3,714.64000	3,800.08000	3,800.07594	3,714.63831	04:19 PM
2,213	TZS	2,509.99000	2,510.01000	2,510.01500	2,509.98500	09:48 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	46,704.64	46,627.084	46,294.62	394.493	0.853	100,351,138.0	6,467,616,919.470	02/10/2023 04:13 PM
ALLSHR	31,406.70	31,372.932	31,186.21	214.226	0.688	202,084,301.0	7,398,967,971.830	02/10/2023 04:13 PM
KSE30	16,185.39	16,149.325	16,017.65	160.114	1.001	53,699,478.0	5,275,148,933.920	02/10/2023 04:13 PM
KMI30	78,892.44	78,736.362	77,821.50	1,066.992	1.374	56,554,790.0	5,259,523,502.310	02/10/2023 04:13 PM
KMIALLSHR	22,863.47	22,844.953	22,656.98	208.498	0.921	146,085,586.0	6,312,968,017.670	02/10/2023 04:13 PM
BKTi	11,143.21	11,062.612	11,001.74	37.177	0.337	7,590,760.0	409,784,504.970	02/10/2023 04:13 PM
OGTi	11,904.91	11,877.063	11,679.48	224.385	1.926	23,950,040.0	2,362,745,036.310	02/10/2023 04:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	28,035.0	28,950.0	27,190.0	935.00
BRENT CRUDE	EB	90.5	93.3	90.4	-1.70
RICHARDS BAY COAL MONTHLY	EF	120.0	0.0	0.0	-9.40
ROTTERDAM COAL MONTHLY	ET	124.5	127.5	124.3	-3.55
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	88.6	91.9	88.5	-2.17
SUGAR #11 WORLD	SB	26.4	26.8	26.3	-0.13