Karachi: TRG Pakistan Limited has announced the receipt of certified copies of court orders from the High Court of Sindh, related to a public offer put forth by Greentree Holdings Limited. This disclosure, made on March 27, 2025, adheres to the requirements set forth in the Securities Act, 2015 and the rules of the Pakistan Stock Exchange.
The orders, referenced as JCM No. 12 of 2025, were issued on March 24 and March 26, 2025. According to TRG Pakistan Limited, these orders are of material significance to the company and are self-explanatory. The specifics of these orders, which govern the public offer by Greentree Holdings Limited, have been shared with relevant stakeholders.
According to information available from the Pakistan Stock Exchange (PSX), TRG Pakistan Limited is in compliance with Section 96 of the Securities Act, 2015, as well as Clause 5.6.1(a) of the PSX Rule Book, in disclosing this material information.
The High Court’s decisions are crucial in the context of the public offer made by Greentree Holdings Limited. TRG Pakistan Limited has provided a copy of the orders for reference, ensuring transparency and adherence to legal and regulatory frameworks. The market category under which TRG Pakistan Limited operates is crucial for stakeholders monitoring developments within the company and its engagements with entities like Greentree Holdings Limited.