Taj Gasoline intends to acquire 41% share capital of HASCOL

MG News | June 14, 2023 at 12:00 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

June 14, 2023 (MLN): Taj Gasoline (Private) Limited has submitted a Public Announcement of Intention to acquire at least 41% of the issued and paid-up share capital and control of Hascol Petroleum Limited (HASCOL) through a manager to offer AKD Securities Limited.

This is in accordance with regulation 6(1) of the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017.

"On behalf of the Acquirer, we are pleased to submit a Public Announcement of Intention to acquire at least 41% of the issued and paid-up share capital and control of Hascol Petroleum Limited ("Target Company")," the notification issued to PSX by AKD Securities reads.

The public announcement of intention will be published in one English and one Urdu newspaper on June 16, 2023.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	175,802.79 267.06M	-1.30% -2320.78
ALLSHR	106,568.29 617.78M	-1.25% -1352.24
KSE30	52,497.68 83.82M	-1.25% -665.92
KMI30	247,323.37 106.69M	-1.37% -3422.76
KMIALLSHR	68,315.26 363.70M	-1.37% -952.13
BKTi	49,936.11 23.35M	-1.18% -594.28
OGTi	34,758.02 9.23M	-1.71% -605.59

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,735.00	64,970.00 63,980.00	465.00 0.72%
BRENT CRUDE	88.26	88.38 83.71	4.03 4.78%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-0.65 -0.61%
ROTTERDAM COAL MONTHLY	119.80	120.30 119.80	0.00 0.00%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	81.77	82.07 77.93	3.49 4.46%
SUGAR #11 WORLD	14.82	14.94 14.39	0.38 2.63%