KARACHI: On behalf of the purchaser, Arif Habib Limited AHL has filed a public notice of intent to purchase up to 95.51 percent of Karam Ceramics Limited’s shares from Swat Ceramics Company (Private) Limited and/or its affiliated entities.
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According to material information sent to Pakistan Stock Exchange on Friday, Arif Habib Limited has been appointed as the manager to offer by Swat Ceramics Company (Private) Limited, in accordance with the Securities Act 2015 and the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017.
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