Corrigendum Issued for Acquisition of Stake in Saudi Pak Consultancy Company Limited

Karachi: A corrigendum has been issued in relation to the proposed acquisition of 35.06% shares of Saudi Pak Consultancy Company Limited by Ms. JD Taurus (Private) Limited, as per the Securities Act, 2015. This follows the observance of specific requirements by the Securities and Exchange Commission of Pakistan (SECP).

The corrigendum, dated July 1, 2026, was disclosed in a letter received from Inter Market Securities Limited, acting as the Manager to the Acquirer, Ms. JD Taurus (Private) Limited. According to the letter dated June 29, 2026, the amendments mandated by the SECP have been incorporated into the original Public Announcement of Intention (PAI) released on May 15, 2026. Except for these specific amendments, all other terms, conditions, and disclosures originally detailed remain unchanged.

The Manager to the Acquirer confirmed that the corrigendum has been published in two newspapers, adhering to the Securities Act, 2015, and related regulatory provisions. Copies of the Manager's letter and the newspapers containing the corrigendum have been provided for reference.

According to information available from the Pakistan Stock Exchange (PSX), this development is being communicated through the Pakistan Unified Corporate Action Reporting System (PUCARS) for the awareness of shareholders, investors, and the general public. This step ensures the record is appropriately updated.