Karachi: IGI Finex Securities Limited has confirmed the publication of a corrigendum related to the proposed acquisition of Saudi Pak Consultancy Company Limited. This follows the initial Public Announcement of Intention (PAI) dated May 12, 2026, regarding the acquisition of 35.06% shares and control of the company by Mr. Syed Sabur Rehman.

The corrigendum was published on July 2, 2026, in the Pakistan Observer and Roznama Nai Baat, maintaining consistency with the original announcement’s distribution. According to information available from the Pakistan Stock Exchange (PSX), this development is part of the ongoing process surrounding the acquisition, which seeks to transfer significant control of Saudi Pak Consultancy to Mr. Rehman.

The acquisition aims to alter the ownership structure of Saudi Pak Consultancy through a substantial transfer of shares, marking a pivotal change for the consultancy firm. The Public Announcement of Intention and its subsequent corrigendum are critical steps in this transaction, ensuring transparency and regulatory compliance.