Engro’s subsidiary seals stakes sale deals for EPQL, Engro Powergen Thar & Sindh Engro

13:45
April 4, 2024
MG

April 04, 2024 (MLN): Engro Energy Limited (EEL) has entered into definitive agreements with Liberty Power Holding (Pvt.) Limited and other parties acting in concert for the sale of its entire stake in Engro Powergen Qadirpur Limited, Engro Powergen Thar (Private) and Sindh Engro Coal Mining Company Limited.

The information was disclosed by Engro Corporation Limited (PSX: ENGRO), the parent company of EEL.

Accordingly, EEL will sell its entire stakeholding of 68.9% in Engro Powergen Qadirpur Limited (EPQL), 50.1% in Engro Powergen Thar (Private) Limited and 11.9% in Sindh Engro Coal Mining Company Limited (SECMC).

The transaction value for EPQL, EPTL and SECMC will be Rs7.5 billion, Rs21.04bn and Rs6.21bn, respectively, subject to certain adjustments as agreed in the definitive agreements.

"In case of any further material developments, the company shall keep the Exchange informed accordingly," the notice concludes.

Copyright Mettis Link News

Posted on: 2024-04-04T13:24:01+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.50000	278.70000	278.70000	278.50000	01:01 PM
2	EUR	1.07710	1.07740	1.07740	1.07710	12:18 PM
3	GBP	1.25470	1.25490	1.25490	1.25470	12:18 PM
4	CHF	0.90477	0.90524	0.90524	0.90477	12:18 PM
5	JPY	153.04000	153.07000	153.07000	153.04000	12:18 PM
6	CAD	1.36660	1.36710	1.36710	1.36660	12:18 PM
7	AUD	0.65990	0.66030	0.66030	0.65990	12:18 PM
8	INR	83.38040	83.38090	83.38090	83.38040	08:00 PM
9	SAR	3.75050	3.75070	3.75070	3.75050	04:59 PM
10	AED	3.67230	3.67330	3.67330	3.67230	01:57 AM
11	HKD	7.81230	7.81290	7.81290	7.81230	12:18 PM
12	CNH	7.16240	7.16440	7.16440	7.16240	11:59 PM
13	CNY	7.24010	7.24210	7.24210	7.24010	08:21 PM
14	THB	36.77700	36.82700	36.82700	36.77700	11:59 PM
15	MYR	4.73750	4.74250	4.74250	4.73750	08:00 PM
16	IDR	15,951.20000	15,986.20000	15,986.20000	15,951.20000	04:18 AM
17	SGD	1.34850	1.34950	1.34950	1.34850	12:18 PM
18	NZD	0.60090	0.60140	0.60140	0.60090	10:59 AM
19	MXN	16.95750	16.98730	16.98730	16.95750	12:18 PM
20	TRY	32.35170	32.35570	32.35570	32.35170	11:59 PM
21	SEK	10.64380	10.93140	10.93138	10.64377	12:18 PM
22	ZAR	18.49420	18.52390	18.52395	18.49419	12:18 PM
23	NOK	10.76250	11.00760	11.00764	10.76247	12:18 PM
24	DKK	6.92940	6.93040	6.93040	6.92940	10:59 AM
25	ARS	877.73000	877.73900	877.73880	877.73045	12:18 PM
26	BDT	107.77400	111.11500	111.11524	107.77370	11:59 PM
27	BHD	0.37706	0.37711	0.37711	0.37706	10:40 PM
28	BRL	5.07090	5.07390	5.07390	5.07090	04:18 AM
29	KRW	1,354.43000	1,357.66000	1,357.66000	1,354.43000	04:18 AM
30	KWD	0.30700	0.30760	0.30760	0.30700	12:11 AM
31	LKR	293.16400	299.66100	299.66121	293.16378	11:59 PM
32	OMR	0.38473	0.38523	0.38523	0.38473	01:57 AM
33	QAR	3.64500	3.64700	3.64700	3.64500	01:59 AM
34	RUB	90.67000	92.54000	92.54000	90.67000	08:00 PM
35	AFN	71.22110	73.07750	73.07746	71.22105	11:59 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	05:41 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.23000	15.27000	15.27000	15.23000	08:00 PM
39	UZS	12,602.20000	12,667.20000	12,667.19265	12,602.21841	11:59 PM
40	PHP	57.04300	57.08400	57.08400	57.04300	08:00 PM
42	NGN	1,382.00000	1,383.00000	1,383.00000	1,382.00000	08:00 PM
43	KES	130.73700	133.52200	133.52207	130.73746	11:59 PM
44	AMD	359.02900	414.72100	414.72131	359.02910	11:59 PM
45	TWD	32.27690	32.30690	32.30690	32.27690	04:18 AM
46	XAU	2,301.85000	2,303.29000	2,303.29000	2,301.85000	09:53 AM
47	XAG	26.54090	26.57920	26.57920	26.54090	09:53 AM
48	XPT	955.38200	961.13800	961.13830	955.38170	02:00 AM
49	XPD	945.75000	953.75000	953.75000	945.75000	01:59 AM
2,120	VES	36.41860	36.50910	36.50906	36.41863	08:00 PM
2,212	UGX	3,731.38000	3,814.92000	3,814.91623	3,731.37792	11:59 PM
2,213	TZS	2,541.24000	2,634.06000	2,634.05579	2,541.23544	11:59 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	71,986.43	71,902.092	70,671.72	1,244.452	1.761	228,543,691.0	16,351,097,674.040	03/05/2024 05:12 PM
ALLSHR	46,973.64	46,919.981	46,190.08	769.667	1.668	449,041,729.0	24,485,442,786.780	03/05/2024 05:12 PM
KSE30	23,628.97	23,594.850	23,138.86	360.770	1.553	123,084,613.0	13,421,080,810.360	03/05/2024 05:12 PM
KMI30	121,496.66	121,311.737	118,979.86	2,551.949	2.149	138,839,761.0	12,203,502,586.770	03/05/2024 05:12 PM
KMIALLSHR	33,768.84	33,716.111	33,120.57	666.827	2.018	281,691,224.0	19,820,992,110.710	03/05/2024 05:12 PM
BKTi	17,643.22	17,586.680	17,220.14	33.170	0.189	19,459,274.0	1,749,439,226.590	03/05/2024 05:12 PM
OGTi	17,474.03	17,398.365	16,771.31	637.067	3.801	43,099,949.0	5,744,658,645.110	03/05/2024 05:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	63,365.0	63,660.0	59,265.0	3,600.00
BRENT CRUDE	EB	82.8	84.4	82.8	-0.89
RICHARDS BAY COAL MONTHLY	EF	101.9	0.0	0.0	-5.10
ROTTERDAM COAL MONTHLY	ET	107.9	108.0	107.9	0.00
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	78.0	79.6	78.0	-0.96
SUGAR #11 WORLD	SB	19.3	19.5	19.2	0.07

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