Hubco buying stake in SECMC

Published
0

KARACHI: The board of directors of the Hub Power Company Ltd (Hubco) has authorised the company to enter into negotiations and execute definitive agreements for the proposed acquisition of shares of Sindh Engro Coal

Mining Company Ltd held by a potential seller.

In a stock filing on Tuesday, the company said that the completion of the proposed transaction is subject to the necessary corporate and regulatory approvals and consents, execution of definitive documents.

Published in Dawn, January 17th, 2024

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