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. *
*The story has been updated with the correct link, the link provided previously was incorrect.