
Stock Market with Sheheryar
February 28, 2025 at 04:22 AM
TRG's small shareholder gets stay against $55m inflow - Negative
A small shareholder of TRG Pakistan has obtained a stay order from Islamabad High Court that
restrained Greentree Holdings from purchasing a significant further stake in TRG. Greentree
Holdings, the largest shareholder of TRG Pakistan with a 29.7% stake, had launched on January 15
a tender offer for a further 35.1% shareholding in TRG Pakistan, representing foreign exchange
inflows of $55 million into the country. (E