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AKD Securities : Notice of Extension in Acceptance Period - Public Offer to Acquire up to 35.147% Shares and control of TRG Pakistan Limited by Greentree Holdings Limited
AKD Securities : Notice of Extension in Acceptance Period - Public Offer to Acquire up to 35.147% Shares and control of TRG Pakistan Limited by Greentree
About this update from Akd Securities Limited
[{"type":"text","content":"\n AKD Securities Limited\n May 5, 2025\n \n \n The Executive Director\n \n \n Public Offering & Regulated Person Department Securities Market Division\n \n \n Securities & Exchange Commission of Pakistan NIC Building, Jinnah Avenue, Blue Area Islamabad\n The General Manager\n \n \n Pakistan Stock Exchange Limited Stock Exchange Building\n \n \n Stock Exchange Road Karachi.\n \n \n \n Mr. Hasnain Aslam Chief Executive Officer TRG Pakistan Limited\n 24th Floor, Sky Tower West Wing\n \n \n Dolmen, HC-3, Block 4, Marine Drive Clifton Karachi\n \n \n \n Subject: Notice of Extensionin Acceptance Period -Public Offer to Acquire up to 35.147% Sharesand control of TRG Pakistan Limited by Greentree Holdings Limited\n Dear Sirs,\n \n \n In continuation to the previous notice, we would like to inform that the Acceptance Period has been further extended to May 15, 2025.\n \n \n Please note that AKD Securities Limited acting as Manager to the Offer on behalf of the Acquirer has been endorsed to further extend the acceptance period under the interim order issued on April 28, 2025 as per the directives of the Honorable High Court of Sindh as per the Court Order JCM No.12 of 2025.\n \n March 25, 2025\n \n \n April 04, 2025\n \n \n April 15, 2025\n \n \n Apri| 25, 2025\n \n \n May 5, 2025\n \n \n May 15, 2025\n \n \n 09:00 AM to 05:00 PM\n \n The extension has been granted so that shareholders may not be discouraged from participating in the Tender Offer by the ongoing Court proceedings. The Court Order has been attached herewith for your reference.\n \n \n Kind regards,\n \n \n For and on behalf of AKD Securities Limited\n \n \n \n \n Fati . Shamim\n \n \n Analys Investment Banking\n \n \n Vijay K. Kukreja\n \n \n Deputy Head - Investment Banking\n Registered Broker: Secui›fies & Exert ame Coi»m ission of PaLisIan SgTN*S 1 50092 7-T kTN 15009 2T 7\n \n ww akd coT-or any queries regarding your account statement please call IN 1-253-253 or E mail us: info@adds I.com\n \n \n *xc HiG›« counToF SINDH KARA Id\n 2.\n \n \n \" ) N 22S\n \n \n \" '* «f 2025.\n \n \n 0. 7 t›f 2025.\n \n \n * 1051 nf 2025.\n \n \n - 3tl53 of 2025.\n \n \n Ivor lleariiy of Main Petition.\n \n \n 202\n \n \n M/s, Fqyar Ali Metlo, Ath8 Hussain, Adeela Ansari and\n Atiya Manzoor, Advocates for the PetlUoner.\n M/s. Abid S. Zuberi, Ayan Mustafa Memon and Muhammad N...