Siemens AG acquires additional 13.85% stake in SIEM

17:00
November 1, 2024
MG

November 01, 2024 (MLN): Siemens Aktiengesellschaft has entered into a Share Purchase Agreement with National Investment Trust Limited (NIT) to acquire all shares of Siemens (Pakistan) Engineering (SIEM), representing approximately 13.85% of the issued and paid-up capital.

According to a notice issued by SIEM, its parent company, Siemens Aktiengesellschaft, already owns a 74.65% shareholding.

The transaction has an aggregate deal value of Rs1,732,198,276.

Accordingly, the settlement will occur in due course, in compliance with the applicable laws of Pakistan.

Copyright Mettis Link News

Posted on: 2024-11-01T16:55:13+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	277.95000	278.05000	278.00000	277.90000	03:00 PM
2	EUR	1.04703	1.04705	1.05460	1.04620	10:49 AM
3	GBP	1.26283	1.26292	1.27226	1.26170	10:49 AM
4	CHF	0.88802	0.88805	0.88895	0.88211	10:49 AM
5	JPY	149.97400	149.97900	150.75200	149.72700	10:49 AM
6	CAD	1.40823	1.40826	1.40850	1.40140	10:49 AM
7	AUD	0.64482	0.64489	0.65160	0.64455	10:49 AM
8	INR	84.73090	84.73700	84.87180	84.56740	10:49 AM
9	SAR	3.75660	3.75720	3.75670	3.75680	08:49 PM
10	AED	3.67280	3.67330	3.67290	3.67290	08:49 PM
11	HKD	7.78170	7.78180	7.78390	7.78076	10:49 AM
12	CNH	7.28974	7.29005	7.29145	7.24980	10:49 AM
13	CNY	7.27050	7.27220	7.27370	7.25300	08:49 PM
14	THB	34.45600	34.47700	34.54000	34.31900	10:49 AM
15	MYR	4.45750	4.46250	4.46350	4.45050	04:45 AM
16	IDR	15,900.00000	15,905.20000	15,917.10000	15,843.00000	10:49 AM
17	SGD	1.34769	1.34779	1.34831	1.34133	10:49 AM
18	NZD	0.58702	0.58706	0.59111	0.58643	10:49 AM
19	MXN	20.46548	20.47272	20.59921	20.38695	10:49 AM
20	TRY	34.71940	34.72940	34.74450	34.66080	10:49 AM
21	SEK	11.02743	11.02801	11.03307	10.93742	10:49 AM
22	ZAR	18.20770	18.21170	18.23740	18.08560	10:49 AM
23	NOK	11.13813	11.14040	11.15827	11.06098	10:49 AM
24	DKK	7.12410	7.12510	7.12948	7.07300	10:49 AM
25	ARS	1,011.22090	1,011.23090	1,015.14997	1,010.10572	10:49 AM
26	BDT	117.73478	121.15427	118.15484	121.15427	07:19 AM
27	BHD	0.37690	0.37715	0.37700	0.37687	08:49 PM
28	BRL	6.06845	6.08391	6.08440	5.97510	10:49 AM
29	KRW	1,406.34000	1,406.58000	1,406.98000	1,399.89000	10:49 AM
30	KWD	0.30725	0.30785	0.30757	0.30730	08:49 PM
31	LKR	287.25173	293.90085	288.21317	293.90085	07:19 AM
32	OMR	0.38486	0.38511	0.38500	0.38500	08:49 PM
33	QAR	3.64600	3.64800	3.64600	3.64600	08:49 PM
34	RUB	105.86719	105.87579	108.50557	105.86109	10:49 AM
35	AFN	67.05168	68.95143	67.26528	68.95143	07:19 AM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:20 AM
37	TMT	3.35000	3.65000	3.35000	3.65000	07:00 PM
38	MVR	15.26000	15.66000	15.26000	15.65000	07:00 PM
39	UZS	12,799.32370	12,865.81370	12,858.01109	12,865.81370	07:19 AM
40	PHP	58.67800	58.73100	58.80800	58.64000	10:49 AM
42	NGN	1,667.29000	1,668.29000	1,699.50000	1,663.52000	07:26 AM
43	KES	128.69000	130.69000	129.15000	130.50000	09:18 AM
44	AMD	397.88000	397.88000	397.88000	397.88000	08:10 AM
45	TWD	32.63800	32.65300	32.66700	32.52900	10:49 AM
46	XAU	2,640.81000	2,642.24000	2,651.41000	2,621.79000	10:49 AM
47	XAG	30.37720	30.38460	30.66770	30.06880	10:49 AM
48	XPT	939.75000	941.35000	949.50000	939.25000	08:49 PM
49	XPD	985.50000	990.50000	997.00000	969.50000	08:49 PM
2,120	VES	47.53465	47.55168	47.64819	46.27782	10:49 AM
2,212	UGX	3,645.62060	3,731.10936	3,658.98246	3,731.10936	07:19 AM
2,213	TZS	2,639.98500	2,640.01500	2,649.98600	2,635.01500	05:49 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	103,386.47	103,274.947	101,921.21	1,917.626	1.892	695,792,396.0	33,053,847,519.210	02/12/2024 03:50 PM
ALLSHR	65,144.20	65,022.013	64,312.82	1,101.581	1.723	1,555,614,223.0	47,087,899,882.020	02/12/2024 03:50 PM
KSE30	31,996.92	31,969.363	31,636.95	481.093	1.528	207,722,467.0	23,011,147,019.060	02/12/2024 03:50 PM
KMI30	152,369.15	152,206.950	149,457.43	3,634.407	2.446	206,509,863.0	17,940,875,069.490	02/12/2024 03:50 PM
KMIALLSHR	44,410.80	44,373.309	43,650.14	977.055	2.252	928,867,304.0	32,712,184,107.520	02/12/2024 03:50 PM
BKTi	25,309.47	25,228.696	24,820.25	303.725	1.219	11,309,882.0	2,057,523,940.870	02/12/2024 03:50 PM
OGTi	24,817.39	24,117.135	24,032.96	-105.398	-0.435	33,232,210.0	6,821,826,255.470	02/12/2024 03:50 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	98,180.0	99,565.0	95,785.0	-185.00
BRENT CRUDE	EB	72.2	72.9	71.8	0.39
RICHARDS BAY COAL MONTHLY	EF	112.0	0.0	0.0	-0.40
ROTTERDAM COAL MONTHLY	ET	118.9	120.9	118.9	0.05
USD RBD PALM OLEIN	POL	1,150.0	1,150.0	1,150.0	0.00
CRUDE OIL – WTI	QCL	68.4	69.1	67.9	0.42
SUGAR #11 WORLD	SB	20.8	21.3	20.7	-0.31