Asif Ali extends public offer deadline for Calcorp to Nov 20

By MG News | Category Equity | 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	121,641.00 407.56M	-0.13% -157.87
ALLSHR	75,951.71 854.04M	-0.10% -76.82
KSE30	36,827.89 67.82M	-0.42% -156.03
KMI30	181,199.42 117.76M	-0.38% -696.40
KMIALLSHR	52,088.08 592.55M	-0.27% -143.41
BKTi	29,808.04 22.21M	-0.83% -249.97
OGTi	27,075.99 4.68M	-0.75% -203.95

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	105,060.00	105,945.00 101,390.00	2845.00 2.78%
BRENT CRUDE	66.65	66.67 64.80	1.31 2.00%
RICHARDS BAY COAL MONTHLY	90.00	90.75 90.00	0.00 0.00%
ROTTERDAM COAL MONTHLY	101.80	102.40 101.00	1.25 1.24%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	64.77	64.80 62.82	1.40 2.21%
SUGAR #11 WORLD	16.51	16.59 16.32	-0.06 -0.36%