PSX ko di gai info kay mutabiq ACPL ke shareholders ki janib se 18,000,000 shares (Sale Shares) bechne ke liye authorized kiya gaya hai, jo Saqr Al-Keetan Cement Production Company Limited ke entire shares capital ka 60% hai, jo ke Law of Iraq ke tehat Incorporate hai or Iraq (Saqr-Al-Keetan) me hai.
Two (2) buyers, i.e (1) Mr. Abdul Lateef Mohsin Al Geetan, An Iraqi National, jo ke purchase kar rahe hain 50% of the sale shares jo ke 9,000,000 shares hain and (2) M/s Lamassu Babylon General Trading Company, jo Dubai, UAE ke law ke tahat Incorporate hai, jo purchase kar rahe hain 50% of sale shares jo ke 9,000,000 shares bante hain. USD 11,700,000 ke beechne ke mutabiq Sale Price ke saath. Share Purchase Agreement ke terms ke mutabiq.
Company ke shareholders ki ijazat se company ko buyers ke sath share purchase agreement mein enter hone ki ijazat di gayi hai. Company ke Saqr-Al-Keetan mein Company ke saath 60% shares ke beechne ke liye sale price ke saath.
