Asif Ali extends public offer deadline for Calcorp to Nov 20

By MG News | August 27, 2024 at 12:29 PM GMT+05:00

0:00

August 27, 2024 (MLN): Asif Ali Shaikh, the acquirer who made a Public Announcement of Offer (PAO) to acquire 83.96% of the total issued and paid-up capital of Calcorp Limited (PSX: CASH) has extended the deadline by 90 days till November 18, 2024.

JS Global Capital Limited (PSX: JSGCL), the manager of the offer, informed market participants of this development today as a revised notification.

To recall, the original deadline for submitting the PAO was August 20, 2024, following the announcement on February 20, 2024.

The extension was granted because, although the acquirer has taken all reasonable steps to complete the necessary regulatory procedures, some of these procedures are still pending.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	130,416.86 305.05M	1.73% 2217.44
ALLSHR	81,078.57 907.41M	1.62% 1290.95
KSE30	39,917.88 126.07M	2.08% 812.88
KMI30	189,492.46 132.23M	1.38% 2576.85
KMIALLSHR	54,765.47 447.86M	1.04% 563.59
BKTi	35,052.80 49.64M	4.71% 1576.12
OGTi	28,240.57 12.47M	0.99% 277.98

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,190.00	108,340.00 105,440.00	2440.00 2.31%
BRENT CRUDE	67.69	67.70 66.94	0.58 0.86%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.75 0.78%
ROTTERDAM COAL MONTHLY	103.80	0.00 0.00	-3.70 -3.44%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.00	66.02 65.23	0.55 0.84%
SUGAR #11 WORLD	15.90	15.97 15.77	0.20 1.27%