SECP suspends proposed acquisition of Al Shaheer corporation
The Securities and Exchange Commission of Pakistan has directed that the proposed acquisition of voting shares and control of Al Shaheer Corporation Limited shall remain suspended until further orders of the Commission.
August 13, 2026 (MLN): The Securities and Exchange Commission of Pakistan has directed that the proposed acquisition of voting shares and control of Al Shaheer Corporation Limited shall remain suspended until further orders of the Commission. The directive follows an SECP order dated August 10, 2026, issued under Section 125 of the Securities Act, 2015, in relation to the Public Announcement of Intention dated June...