TRG Pakistan receives offer from Greentree Holdings

MG News | January 16, 2025 at 01:09 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

January 16, 2025 (MLN): TRG Pakistan Limited (PSX: TRG) has received a Public Announcement of an Offer from Greentree Holdings Limited (the Acquirer), with the offer being facilitated by AKD Securities Limited.

AKD Securities Limited, on behalf of the Acquirer, has submitted a public announcement of an offer to acquire up to 35.147% of the shareholding and control of TRG Pakistan Limited, the company's filing on PSX revealed today.

Yesterday, AKD Securities Limited informed the Pakistan Stock Exchange (PSX) about the offer to acquire TRG Pakistan's shares on behalf of Greentree Holdings Limited.

This is being done by the provisions of the Securities Act, 2015, and the Listed Companies (Substantial Acquisition of Voting Shares & Takeovers) Regulations, 2017.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,478.94 174.95M	-0.41% -696.57
ALLSHR	102,885.54 725.60M	-0.29% -297.60
KSE30	50,877.61 79.52M	-0.67% -344.88
KMI30	243,917.86 73.26M	-0.62% -1524.88
KMIALLSHR	66,743.35 311.96M	-0.35% -234.16
BKTi	46,317.47 21.24M	-0.81% -377.00
OGTi	35,218.63 5.39M	-1.33% -473.03

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	61,750.00	62,405.00 59,600.00	1235.00 2.04%
BRENT CRUDE	92.78	95.90 92.67	-2.25 -2.37%
RICHARDS BAY COAL MONTHLY	122.00	122.00 121.00	-0.75 -0.61%
ROTTERDAM COAL MONTHLY	134.35	138.25 134.00	0.30 0.22%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	90.25	93.63 89.68	-2.79 -3.00%
SUGAR #11 WORLD	14.12	14.50 14.09	-0.15 -1.05%