Dawood Hercules sells entire shareholding in HUBCO to Mega Conglomerate

MG News | 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.

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