Intermarket Securities revises offer to acquire majority stake in EFG Hermes

MG News | November 22, 2023 at 12:32 PM GMT+05:00

0:00

November 22, 2023 (MLN): Intermarket Securities Limited has made a revised public offer to acquire at least 51% shareholding and control of EFG Hermes Pakistan Limited (PSX: EFGH), as revealed in EFGH’s filing on the local bourse today.

Multiline Securities Limited, serving as the manager to the offer, made this announcement on November 21, 2023.

EFGH is a corporate member of Pakistan Mercantile Exchange Limited and acts as a service provider with MUFAP.

It is engaged in financial brokerage, corporate finance and financial research.

At the time of writing, the company's share is being traded at Rs13.20, up by 44 paisa or 3.45% compared to its previous close.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	148,617.78 624.60M	0.86% 1274.27
ALLSHR	91,685.08 1,340.28M	0.74% 669.39
KSE30	45,247.79 197.43M	0.83% 370.74
KMI30	212,370.79 224.51M	1.05% 2209.48
KMIALLSHR	61,227.89 711.87M	1.18% 715.56
BKTi	41,264.02 160.39M	0.54% 221.73
OGTi	30,019.10 23.63M	0.64% 190.41

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,265.00	113,390.00 108,020.00	-4475.00 -3.97%
BRENT CRUDE	67.46	67.94 67.29	-0.52 -0.76%
RICHARDS BAY COAL MONTHLY	88.70	88.70 88.70	-0.75 -0.84%
ROTTERDAM COAL MONTHLY	96.15	96.75 96.00	-0.40 -0.41%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	64.01	64.55 63.88	-0.59 -0.91%
SUGAR #11 WORLD	16.34	16.52 16.33	-0.14 -0.85%