Dawood Hercules sells entire shareholding in HUBCO to Mega Conglomerate

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.

Posted on: 2018-02-01T15:41:00+05:00