Reanda Consulting Private Limited submits PAI to acquire 35% ordinary and 63% preference shares of Saudi Pak Leasing Company

By MG News | June 14, 2021 at 11:42 AM GMT+05:00

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June 14, 2021 (MLN): Reanda Consulting Private Limited has submitted a Public Announcement of Intention (PAI) to acquire 15,835,403 ordinary voting shares i.e. 35% of total voting ordinary shares and 33,320,850 preference shares i.e., 63.08% of non-voting, non-cumulative, convertible, unlisted, non-redeemable preference shares of Saudi Pak Leasing Company on behalf of the acquirer, Icon Global Private Limited.

In a notice issued to PSX on Monday, Reanda Consulting Private Limited informed that the PAI has been published in Daily Time (English Newspaper) and Roznama Dunya (Urdu Newspaper) on June 2021 as per the requirement under regulation 6(5) of the Regulations.

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