Corporate Alert: Fossil Energy to acquire 17.68% stake in Clover Pakistan Ltd.
MG News | August 21, 2017 at 02:27 PM GMT+05:00
On behalf of Fossil Energy, a private company limited by shares incorporated under the laws of Pakistan, AKD Securities Limited as the Manager to the Offer are submitting herewith a copy of Public Announcement of Offer to Acquire up to 1,668,038 ordinary shares of Clover Pakistan Limited constituting approximately 17.68% of the issued share capital of the Target Company in accordance with the Securities Act, 2015, Listed Companies Regulations, 2017.
The details to the transaction can be accessed here.
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 185,372.21 314.71M | 0.46% 851.25 |
| ALLSHR | 111,991.85 808.33M | 0.65% 718.12 |
| KSE30 | 55,404.49 93.15M | 0.58% 321.30 |
| KMI30 | 262,585.95 95.11M | 0.49% 1271.44 |
| KMIALLSHR | 72,124.09 476.70M | 0.59% 425.45 |
| BKTi | 52,005.70 31.68M | 0.63% 324.75 |
| OGTi | 37,895.90 20.70M | 1.63% 608.01 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 63,220.00 | 63,640.00 61,420.00 | 1565.00 2.54% |
| BRENT CRUDE | 71.94 | 72.49 71.30 | 0.14 0.20% |
| RICHARDS BAY COAL MONTHLY | 107.50 | 0.00 0.00 | -0.50 -0.46% |
| ROTTERDAM COAL MONTHLY | 122.40 | 122.75 120.45 | 1.30 1.07% |
| USD RBD PALM OLEIN | 1,135.00 | 1,135.00 1,135.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 68.78 | 69.26 68.08 | 0.09 0.13% |
| SUGAR #11 WORLD | 14.81 | 15.17 14.81 | -0.18 -1.20% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Trade Balance
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()