Shell Pakistan changes its name to Wafi Energy Pakistan Limited

MG News | January 14, 2025 at 02:15 PM GMT+05:00

0:00

January 14, 2025 (MLN): Shell Pakistan Limited (PSX: SHEL) has changed its name to "Wafi Energy Pakistan Limited" with effect from January 13, 2025.

The Securities and Exchange Commission of Pakistan (SECP) has issued a Certificate of Incorporation for a name change, the company's filing on PSX revealed today.

The acquisition by Wafi Energy Holding Limited of 187.86 million ordinary shares, representing approximately 87.78% of the total issued share capital of the company, was completed.

This acquisition was made through the Share Purchase Agreement (SPA) dated 31 October 2023.

Additionally, a Mandatory Tender Offer was made to the remaining shareholders of the company.

Copyright Mettis Link News

Related News

Pace (Pakistan) swings to Rs528m loss in FY25

Pakistan emerges as 9th largest app market with 3.56bn downloads in 2024

Supernet Limited's profit nearly doubles to Rs473m in FY25

Name	Price/Vol	%Chg/NChg
KSE100	166,173.75 629.74M	-0.94% -1578.66
ALLSHR	101,078.24 1,264.37M	-0.68% -692.01
KSE30	51,149.07 265.14M	-1.23% -637.71
KMI30	242,071.43 126.77M	-1.72% -4246.02
KMIALLSHR	67,022.68 446.33M	-0.98% -661.03
BKTi	46,979.88 155.30M	-0.22% -104.03
OGTi	33,337.23 13.68M	-1.95% -661.44

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	122,215.00	126,295.00 121,420.00	-4100.00 -3.25%
BRENT CRUDE	65.69	65.84 64.53	0.22 0.34%
RICHARDS BAY COAL MONTHLY	86.50	0.00 0.00	2.60 3.10%
ROTTERDAM COAL MONTHLY	91.25	91.75 90.80	-0.05 -0.05%
USD RBD PALM OLEIN	1,085.00	1,085.00 1,085.00	0.00 0.00%
CRUDE OIL - WTI	61.97	62.04 60.72	0.28 0.45%
SUGAR #11 WORLD	16.64	16.88 16.39	-0.17 -1.01%