Corporate Alerts: Public Announcement, Army Welfare Trust to acquire up to 24percent shares of East West Life Assurance Company

MG News | July 25, 2017 at 10:58 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

In a release, Elixir Securities have informed about submission of a Public Announcement Offer by Army Welfare Trust “AWT” to acquire up to 14,742,143 ordinary shares of East West Life Assurance Company Limited “EWLA”, constituting 24.5% of the total issued and paid up capital of EWLA.

The public announcement was set to be published in local Urdu and English dailies, however because of recent comments from Securities and Exchange Commission Pakistan; a revised date will be issued shortly by the involved to publish the Public Announcement.

The notification can be accessed here.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,621.07 244.74M	-1.92% -3341.75
ALLSHR	102,681.95 562.87M	-1.44% -1496.66
KSE30	50,973.25 99.57M	-2.29% -1193.08
KMI30	243,889.15 105.40M	-2.64% -6607.33
KMIALLSHR	66,595.24 318.33M	-1.84% -1248.83
BKTi	46,753.72 28.91M	-1.43% -676.39
OGTi	35,429.60 8.95M	-2.63% -957.36

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	71,120.00	71,705.00 70,225.00	-615.00 -0.86%
BRENT CRUDE	94.64	95.50 94.30	-0.34 -0.36%
RICHARDS BAY COAL MONTHLY	121.25	121.25 121.25	4.50 3.85%
ROTTERDAM COAL MONTHLY	139.25	140.45 136.25	9.00 6.91%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	91.76	92.65 91.46	-0.40 -0.43%
SUGAR #11 WORLD	14.42	14.58 14.14	0.36 2.56%