Lahore: Treet Corporation Limited has announced plans to invest in a forthcoming right issue by its associated company, Loads Limited, following a board meeting on November 19, 2025.

The board of directors of Treet Corporation Limited convened at the company's headquarters located in the Quaid-e-Azam Industrial Estate, Kot Lakhpat, Lahore. During the meeting, they resolved to recommend an investment of up to PKR 187.39 million in Loads Limited's potential right issue. This proposal is subject to the approval of Treet's shareholders, as per Section 199 of the Companies Act, 2017.

The planned investment aims to secure shares at a maximum price of PKR 12.5 per share. Treet's board also expressed its intent to acquire additional shares that may remain unsubscribed during the right issue process. Furthermore, the company may consider purchasing shares offered by directors, shareholders, or substantial shareholders of Loads Limited, or through right entitlements obtainable from the Pakistan Stock Exchange Limited.

According to information available from the Pakistan Stock Exchange (PSX), the board has empowered the company's management to organize an extraordinary general meeting. This meeting is essential to obtain the necessary shareholder approval for the investment and related matters.

The board's decision underscores Treet Corporation's strategic interest in enhancing its stake in Loads Limited. The detailed particulars of the extraordinary general meeting will be communicated to the shareholders in due course.