External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Event-Driven

<ul><li>In a notice to the exchange, Pak Suzuki (PSMC) has notified a minimum purchase price of Rs406/share for delisting.</li><li>To recall, on Oct 19, 2023, PSMC informed that the board had approved the purchase of all outstanding share of PSMC held by minority shareholders and delisting under the rule 5.14 of the listing regulation.</li><li>This delisting will be under the updated regulation of Feb 15, 2023.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

In a notice to the exchange, Pak Suzuki (PSMC) has notified a minimum purchase price of Rs406/share for delisting.To recall, on Oct 19, 2023, PSMC informed that the board had approved the purchase of all outstanding share of PSMC held by minority shareholders and delisting under the rule 5.14 of the listing regulation.This delisting will be under the updated regulation of Feb 15, 2023.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Topline Flash Note: Pak Suzuki Motor Company (PSMC): Delisting and Minimum Price announcement