Karam Ceramics’ 76.6% shareholding acquired: PSX

MG News | August 01, 2022 at 10:58 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

August 01, 2022 (MLN): Karam Ceramics Limited (PSX: KCL) has announced that Mrs. Suraiya Nasir, Mr. Syed Mazhar Ali Nasir, Mr. Syed Azhar Ali Nasir, and Mr. Syed Azfar Ali Nasir have acquired, in aggregate and in equal proportion, 76.64% of the shareholding in the company, the company’s filing on PSX said today.

The notice said that this acquisition is through a combination of a share acquisition from majority shareholders and a mandatory tender offer.

To note, Arif Habib Limited was the manager to offer on behalf of the acquirers.

Copyright Mettis Link News

Related News

WAVES plans fresh investment in Waves Home Appliances

Pakistan PVC appeals benami ruling on Ensena stake

SECP approves 51% stake transfer in Askari Life to Fauji Foundation

Name	Price/Vol	%Chg/NChg
KSE100	171,021.20 228.53M	-0.42% -718.25
ALLSHR	103,836.39 572.65M	-0.41% -422.85
KSE30	50,951.99 89.47M	-0.52% -264.77
KMI30	240,633.87 93.99M	-0.31% -756.80
KMIALLSHR	66,572.75 300.61M	-0.28% -185.59
BKTi	48,673.23 31.18M	-0.70% -343.86
OGTi	33,702.25 6.35M	-0.61% -205.57

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	63,755.00	65,895.00 63,680.00	-1100.00 -1.70%
BRENT CRUDE	96.86	101.19 96.40	-3.83 -3.80%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.85 -1.72%
ROTTERDAM COAL MONTHLY	121.10	121.10 121.10	0.70 0.58%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	89.42	92.83 88.74	-2.77 -3.00%
SUGAR #11 WORLD	14.67	14.74 14.54	-0.02 -0.14%