Dawood Hercules sells entire shareholding in HUBCO to Mega Conglomerate

By MG News | Category Equity | February 01, 2018 at 03:41 PM GMT+05:00

0:00

Informing the exchange via a notice, Dawood Hercules (DAWH) has announced that after a proposition form the Mega Conglomerate (Pvt.) Ltd., the company has decided to offload entire shareholding in the Hub Power Company Ltd.

The purchase price has been set at Rs. 106.5/share.

The transaction is subject to all regulatory and corporate approvals.

The said notice can be accessed here.

Related News

Accountability Court protects Bahria Town from illegal coercive action

PSX Closing Bell: Dropped the Mic

CHCC powers up remaining 3 MW of 9 MW solar facility in Nowshera

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	107,410.00	109,240.00 107,230.00	-1750.00 -1.60%
BRENT CRUDE	68.55	70.25 68.36	-1.22 -1.75%
RICHARDS BAY COAL MONTHLY	88.00	0.00 0.00	-1.50 -1.68%
ROTTERDAM COAL MONTHLY	102.60	102.60 102.50	0.40 0.39%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.91	69.29 66.72	-1.24 -1.82%
SUGAR #11 WORLD	16.41	16.47 16.33	-0.01 -0.06%