Karachi: TRG Pakistan Limited has announced a book closure period from June 20, 2025, to June 26, 2025, under Regulation 9 of the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017. This announcement comes as part of a series of communications following the corrigendum to the Public Announcement of Offer by Greentree Holdings Limited, initially made on May 16, 2025.

The notice, which will be published in the Business Recorder and Nawai Waqt newspapers on June 6, 2025, informs shareholders that this book closure is intended to determine the eligibility of individuals to receive offer letters. These offer letters relate to the acquisition of up to 35.147% shareholding and control of TRG Pakistan Limited by Greentree Holdings Limited, facilitated by AKD Securities Limited as the manager to the offer.

According to information available from the Pakistan Stock Exchange (PSX), the share transfer books will be closed to ensure that only those transfers received by the share registrar, THK Associates (Pvt.) Limited, by the close of business on June 19, 2025, will be eligible for consideration. This procedural step is essential for determining which shareholders will receive the offer letters as part of the acquisition process.

The designated market category for this transaction is the substantial acquisition of voting shares and takeovers, as outlined in the regulations governing the listed companies. The detailed process aims to maintain transparency and adherence to regulatory standards during this significant acquisition phase.