{"id":3979,"date":"2024-04-21T00:58:55","date_gmt":"2024-04-20T19:58:55","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=3979"},"modified":"2024-04-21T00:59:20","modified_gmt":"2024-04-20T19:59:20","slug":"exploring-financial-options-for-searl-pakistan-limited","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/exploring-financial-options-for-searl-pakistan-limited\/","title":{"rendered":"Exploring financial options for SEARL Pakistan Limited"},"content":{"rendered":"\n<p>In a notification sent to PSX on 17\/04\/2024, Searle Pakistan Limited (SEARL) has announced that it is exploring strategic funding paths for Searle Pakistan Limited.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>At a meeting of the Board of Directors of The Searle Company Limited (the \u201cCompany\u201d) held on April 17, 2024, the Board discussed, considered, and authorized the Company to explore the feasibility\/viability of generating funding\/liquidity in respect of its subsidiary, namely Searle Pakistan Limited (\u201cSPL\u201d), by pursuing one or more of the following transactions i.e. (a) reconsider listing of SPL on PSX, following Rule 5 of the Rule Book of PSX by way of an initial Public Offering (IPO) following Public Offering Regulations, 2017 (b) seeking equity investment into SPL through strategic equity partner under a joint venture arrangement or (c) strategic sale of SPL or its business and (d) placement of one of SPL with multiple investors through private placement process.<\/p>\n\n\n\n<p>The shares of SEARL were last trading at <strong>Rs.59.66<\/strong> today.<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>SEARL has announced that it is exploring strategic funding paths for Searle Pakistan Limited.<\/p>\n","protected":false},"author":11,"featured_media":3980,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[152],"tags":[162],"class_list":["post-3979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-material-information","tag-searl"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/SEARL-Material-Information-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/SEARL-Material-Information-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/SEARL-Material-Information-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/04\/SEARL-Material-Information.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/3979","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\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=3979"}],"version-history":[{"count":0,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/3979\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/3980"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=3979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=3979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=3979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}