Karachi: TRG Pakistan Limited has announced that Greentree Holdings Limited, identified as the "Acquirer," has issued a corrigendum to its Public Announcement of Offer regarding the acquisition of shares in TRG Pakistan Limited. This development was disclosed by AKD Securities Limited in a letter dated May 15, 2025, addressed to the Pakistan Stock Exchange Limited.
The corrigendum was published in two major publications, Business Recorder and Nawa-i-Waqt, on May 15, 2025. According to information available from the Pakistan Stock Exchange (PSX), this announcement is part of the formal disclosure requirements as per Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the PSX Rule Book.
The letter from AKD Securities Limited has been shared with the relevant stakeholders, including the TRE Certificate Holders of the Exchange, to ensure compliance and transparency in the market. The designated market category for this transaction involves the shares of TRG Pakistan Limited, a prominent entity in the financial sector.
The precise details of the corrigendum and its implications for the shareholders and potential investors are yet to be fully analyzed. However, the publication of such a corrigendum typically addresses any amendments or clarifications needed in the initial public announcement, ensuring that all stakeholders are adequately informed.