Karachi January 15 2025: Greentree Holdings Limited is announced to acquire TRG Pakistan shares at a premium of PKR 15.39 per share from minimum offer price, according to filing by Manager to the Offer.
“On behalf of Greentree Holdings Limited (Acquirer), AKD Securities Limited as the Manager to the Offer (MTO), is submitting herewith acopy of Public Announcement of Offer to acquire upto 191,690,015 ordinary shares of TRG Pakistan Limited (Target) constituting 35.147% shareholding interest of the Target” states the filing at Pakistan Stock Exchange.
Greentree Holdings Limited announced to make public offer at PKR 75 per share for acquisition of 35.147% shares of TRG Pakistan. The offer price is at a premium of PKR 15.39 per share from minimum price offer defined in regulations.
