Karachi June 21 2022: Greentree Holdings Limited a subsidiary of TRG International have acquired 2,310,627 voting shares of TRG Pakistan on June 15, 2022, at a price of PKR 76.84 per share, according to company filling to the exchange.
During the last one month, Greentree Holdings has acquired 16.52 million shares of TRG Pakistan at a price ranging between PKR 73.31 to PKR 81.71 per share.
On account of this acquisition Greentree Holding total shareholding in the company reaches 91.56 million shares which represents 16.78 percent of the total issued voting shares of the company, as their previous holding in the company was 89.25 million shares on 15th June 2022.
TRG Pakistan Limited was incorporated in Pakistan as a public limited company on December 2, 2002 under the repealed Companies Ordinance, 1984. On May 14, 2003 the Company obtained a license from the Securities and Exchange Commission of Pakistan (“SECP”) to undertake venture capital investment as a Non-Banking Finance Company in accordance with the Non-Banking Finance Companies (Establishment and Regulation) Rules, 2003 (NBFC Rules). The principal activity of the Company, through its associate, The Resource Group International Limited (TRGIL) is to invest in a portfolio of investments primarily in the Technology, IT enabled services and medicare insurance sectors.,
Related Posts