{"id":1582,"date":"2023-12-18T10:34:50","date_gmt":"2023-12-18T10:34:50","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=1582"},"modified":"2023-12-18T10:35:06","modified_gmt":"2023-12-18T10:35:06","slug":"hascol-invites-millat-group-holdings-for-potential-acquisition","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/hascol-invites-millat-group-holdings-for-potential-acquisition\/","title":{"rendered":"HASCOL invites Millat Group Holdings for potential acquisition"},"content":{"rendered":"\n<p>In a <a href=\"https:\/\/dps.psx.com.pk\/download\/document\/222664.pdf\" target=\"_blank\" rel=\"noopener\" title=\"\">notification<\/a> sent to the PSX on 18\/12\/2023, Hascol Petroleum Limited (HASCOL) disclosed that it was inviting Millat Group Holdings to carry out its due diligence to acquire a share in the company.<\/p>\n\n\n\n<p>The Millat Energy Group, through its investment holding company &#8220;Millat Group Holdings&#8221; may acquire <strong>76% fully diluted share capital<\/strong> of the company. This acquisition will happen through the subscription of shares.<\/p>\n\n\n\n<p>Once the due diligence starts, Millat Group Holdings will have 6 weeks to submit their offer.<\/p>\n\n\n\n<p>On the day of the announcement, HASCOL was trading at around Rs. 8.9 per share.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hascol Petroleum Limited (HASCOL) disclosed that it was inviting Millat Group Holdings to carry out its due diligence to acquire a share in the company.<\/p>\n","protected":false},"author":2,"featured_media":1584,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[51],"class_list":["post-1582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-hascol"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2023\/12\/HASCOL-1140x445.jpg",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2023\/12\/HASCOL-463x348.jpg",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2023\/12\/HASCOL-300x155.jpg",300,155,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2023\/12\/HASCOL.jpg",1600,827,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/1582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=1582"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/1582\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/1584"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=1582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=1582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=1582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}