Consortium submits fresh PAI to acquire 68.89% in Engro Powergen

By MG News | Category Equity | December 03, 2024 at 11:31 AM GMT+05:00

0:00

December 03, 2024 (MLN): The consortium, involving prominent textile giants, has submitted a fresh Public Announcement of Intention (PAI) to acquire approximately 68.89% of the shareholding in Engro Powergen Qadirpur Limited (PSX: EPQL).

The acquirers include Liberty Power Holding (Private) Limited, Soorty Enterprises (Private) Limited, and Procon Engineering (Private) Limited.

To recall, the previous PAI submitted by the acquirers expired on November 24, 2024, and was subsequently withdrawn.

As a result, Arif Habib Limited (AHL), the Manager of the Offer, has issued a fresh public offer to EPQL in its notice to the PSX today.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	124,093.12 371.98M	-0.21% -259.56
ALLSHR	77,106.29 1,018.23M	-0.29% -221.51
KSE30	37,536.69 203.91M	-0.25% -95.15
KMI30	184,370.68 229.97M	-0.57% -1061.53
KMIALLSHR	53,011.14 643.75M	-0.31% -164.22
BKTi	30,369.22 19.62M	0.19% 57.60
OGTi	27,659.36 18.97M	-1.06% -295.77

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	104,060.00	106,630.00 103,010.00	-3035.00 -2.83%
BRENT CRUDE	75.72	75.74 70.41	6.36 9.17%
RICHARDS BAY COAL MONTHLY	88.00	0.00 0.00	-1.50 -1.68%
ROTTERDAM COAL MONTHLY	102.75	102.75 102.30	0.55 0.54%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	74.56	74.60 68.49	6.52 9.58%
SUGAR #11 WORLD	16.26	16.47 16.18	-0.16 -0.97%