SUBSTANTIAL ACQUISITION UNDER SECURITIES ACT 2015 (PREVIOUSLY UNDER LISTED COMPANIES (SUBTAINTIAL ACQUISITION OF VOTING SHARES AND

TAKE OVERS) ORDINANCE, 2002)

No.

Name of Company
(Target Company)

Name of
Acquirer

Name

Manager to the Offer

Address

Purchase Price
per share (Rupees)

No. of Shares

Acquisition
%

Last Date of
Acceptance

Al-Asif Sugar Mills Limited

Haq Bahu Sugar Mills (Pvt)Limited

BankIslami Pakistan Limited

11th Floor, Executive Tower, Dolmen City,

Marine Drive, Block-4, Clifton, Karachi.

5.00

4,033,260

27.50

27/01/2009

Central Insurance Company

Limited

Dawood Corporation (Pvt) Limited

IGI Investment Bank Limited

The Forum, Suite No. 701-713, 7th Floor,

G-20, Khayaban-e-Jami, Clifton, Block-9,
Karachi

170.40

4,127,905

24.60

27/06/2008

Dawood Lawrecepur Limited

Dawood Corporation (Pvt) Limited

IGI Investment Bank Limited

The Forum, Suite No. 701-713, 7th Floor,

G-20, Khayaban-e-Jami, Clifton, Block-9,
Karachi

170.38

6,662,106

14.27

13/06/2008

Indus Motor Company Limited

Toyota Motor Corporation

Citibank N.A.

Karachi Branch, AWT Plaza, I. I.

Chundrigar Road, Karachi.

370.00

5,895,000

7.50

30/05/2008

3.00

226,980,249

14.99

01/09/2009

Pakistan PTA Limited

KP Chemical Corporation

JS Global Capital Limited

6th Floor, Faysal House, Shahrah-eFaisal, Karachi.

Karim Cotton Mills Limited

Mr. Muhammad Aslam Salat, Mr. Noor

Mohammad Aba Ali, Mr. Faisal Aba Ali &
Mr. Tausif Ilyas

H. H. K. Securities (Pvt)
Limited

Room No. 633-634, 6th Floor, Karachi

Stock Exchange Building, Stock Exchange
Road, Karachi.

1.50

851,972

72.00

06/09/2009

Capital Asset Leasing Corporation

Limited

Optimus Limited

IGI Finex Securities Limited

F-5, Block 9, Clifton, Khayaban-e-Jami,

Karachi.

7.41

1,813,426

16.88

14/09/2009

Bosicor Pakistan Limited

Byco Petroleum Limited

NIB Bank Ltd & Global

Securities Pakistan Ltd

9th floor Muhammadi House, I. I.

Chundrigar Road, Karachi

10.00

136,510,046

34.81

01/01/2010

Nakshbandi Industries Ltd

Lucky Energy (Private) Ltd

Crosby Securities Pakistan

(Pvt) Ltd

4th Floor, PRC Towers, M.T. Khan Road,

Karachi

12.77

6,362,922

5.41

08/08/2010

10

Baba Farid Sugar Mills Ltd

The Pattoki Sugar Mills Ltd

Infinite Securities Ltd

10.00

1,000,753

10.59

27/09/2010

20-K, Gulberg -II, Lahore

11

Shell Gas LPG (Pakistan) Limited

OPI Gas (Pvt) Limited

Next Capital Limited

8th Floor Horizon Tower, Plot #2/6, Block

III, Clifton, Karachi

32.91

3,632,750

16.05

12

The Royal Bank of Scotland

Faysal Bank Limited

BMA Capital Management Ltd 8th Floor, Unitower, I.I. Chundrigar Road,
Karachi

3.89

10,873,500

0.63

12/10/2010

13

Nimir Industrial Chemicals Ltd

ZM Associates (Pvt) Ltd

Pak Brunei Investment

Company Ltd

2.09

44,907,600

20.30

13/06/2011

14

JS Global Capital Limited

JS Bank Limited

Burj Capital Pakistan (Pvt)

Limited

Swap ratio of 7.2603455

shares of JS Bank Limited for
every sahre held of JS Global
Capital Limited.

14,132,587

28.27

19/12/2012

15

Pioneer Cement Limited

Vision Holdings Middle East Limited

Foundation Securities (Pvt)

Limited

6.34

60,145,018

26.47

22/07/2012

16

Sigma Leasing Corporation Limited KASB Finance (Private) Limited

AL-Hooqani Securities &

Investment Corporation (Pvt) 1006-09, Tower A, Saima Trade Towers,
Ltd
I.I. Chundrigar Road, Karachi

12.49

29,996,406

99.99

05/09/2012

17

Pakistan International Container

Terminal Limited

ICTSI Mauritius Limited

Citibank N.A.

Karachi Branch, AWT Plaza, I. I.

Chundrigar Road, Karachi.

150.00

17,295,317

15.845

10/10/2012

18

JS Investments Limited

JS Bank Limited

Next Capital Limited

Swap ratio of 1.38161230

shares of JS Bank Limited for
8th Floor, Horizon Tower, Plot # 2/6, Block every sahre held of JS
III, Clifton, Karachi
Investments Limited.

23,988,192

23.98

05/12/2012

Khadija Towers, Plot No. 11/5, Block No.

2, Scheme No.5, Clifton, Karachi
1st Floor, P & O Plaza, I.I. Chundrigar
Road, Karachi-74000

Ground Floor, Bahria Complex II,

M.T.Khan Road, Karachi

No.

19

Name of Company
(Target Company)
ICI Pakistan Limited

Name of
Acquirer
Lucky Holdings Limited

Name

Manager to the Offer

Address

Standard Chartered Bank

(Pakistan) Limited

P.O. Box No. 5556, I.I. Chundrigar Road,

Karachi-74000
8th Floor, Dawood Centre, M.T. Khan
Road, Karachi

Purchase Price
per share (Rupees)

No. of Shares

Acquisition
%

Last Date of
Acceptance

186.42

11,169,795

12.09

24/12/2012

41.47

3,484,388

69.22

03/09/2013

24.3215

173,537,891

21.3435

07/05/2013

135

4,264,737

12.5

21/10/2013

21

4,506,655

9.07

22/10/2013

7.50

7,099,831

26/05/2014

20

Burshane LPG (Pakistan) Limited

H.A.K.S. Trading (Private) Limited

Elixir Securities Pakistan

(Private) Limited

21

Askari Bank Limited

(1) Fauji Foundation, (2) Fauji Fertilizer

Company Limited (3) Fauji Fertilizer Bin
Qasim Limited

Faysal Bank Limited

22

Clariant Pakistan Limited

Archroma Textiles S.a.r.l

Citibank N.A., Karachi Branch

23

American Life Insurance Company

IGI Insurance Limited
(Pakistan) Limited

United Bank Limited

24

PICIC Insurance Limited

KM Enterprises (Private) Limited

Room 26-28, Karachi Stock Exchange

Cassim Investments (Private) Building, Stock Exchange Road, Karachi
Limited

25

TPL Direct Insurance Limited

Greenoaks Global Holdings Limited

United Bank Limited

UBL Head Office, 8th Floor, State Life

Building No. 1, I.I. Chundrigar Road
Karachi

30.00

7,500,500

33

31/12/2014

25

Lafarge Pakistan Limited

Bestway Cement Limited

Allied Bank Limited

2nd Floor, ABL Bath Island Building, Main

Clifton Road, Karachi

19.42

175,760,150

12.07

25/03/2015

26

Noon Pakistan Limited

Fauji Fertilizer Bin Qasim Limited and

Fauji Foundation

BMA Capital Management

Limited

Level 8, Unitowers, I.I. Chundrigar Road,

Karachi

54.00

1,203,724

10.23

03/08/2015

Macter International Limited

309, Business & Finance Centre, I.I.

Intermarket Securities Limited
Chundrigar Road, Karachi

22.21

448,176

12.5984

28/08/2015

55.00

1,946,718

26.5

11/09/2015

Faysal House, ST-05, Shahrah-e-Faisal,

Karachi
AWT Plaza. I.I. Chundrigar Road, Karachi

27

Associated Services Limited

UBL Head Office, 8th Floor, State Life

Building No. 1, I.I. Chundrigar Road
Karachi

28

Grays of Cambridge (Pak) Limited

Anwar Khawaja Industries (Private)

Limited

AKD Securities Limited

Room No. 533-534, 5th Floor, Stock

Exchange Building, Stock Exchange
Road, Karachi.

29

Askari General Insurance

Company Limited

Army Welfare Trust

Elixir Securities Pakistan

(Private) Limited

8th Floor, Dawood Centre, M.T. Khan

Road, Karachi

25.50

7,926,242

20.41

12/09/2015

30

Ravi Textile Mills Limited

Mr. Ahsan Javed Sheikh & Mrs. Parveen

Ahsan

AKD Securities Limited

Room No. 533-534, 5th Floor, Stock

Exchange Building, Stock Exchange
Road, Karachi, Tel: 32446611 Fax:
32426429

3.50

5,322,347

21.289

28/11/2015

31

Mr. Muzzammil Aslam, Mr. Asim Ali,

Invest & Finance Securities Limited Mr. Fayyaz Ilyas, Mr. Shakeel Ilyas,
Mr. Irfan Pardesi and Mr. Hayat Javed

Axis Global Limited

Room No. 806, 8th Floor,Business &

Finance Centre, I.I. Chundrigar Road,
Karachi. Tel: 32460478-80, Fax: 32460490

13.67

2,201,342

11

12/10/2015

6.54

30,456,418

15.26

13/03/2016

29.79

8,976,799

19.77

21-9-2016 to 27-9-2016

151.85

49,828,745

6.5

28-11-2016 to 5-12-2016

32

33

34

Descon Chemicals Limited

Singer Pakistan Limited

Engro Foods Limited

i) Nimir Management (Pvt.) Limited

ii) Nimir Holing (Pvt.) Limited
iii) Terranova Limited
iv) Mr. Saeed-uz-Zaman
v) Mrs. Nusrat Jamil
vi) Mr. Muhammad Yahya Khan
i) Poseidon Synergies (Pvt.) Limited
ii) Mr. Haroon Ahmed Khan
iii) Mrs. Nighat Haroon Khan

FrieslandCampina Pakistan
Holding B.V.

Arif Habib Limited

2nd Floor, Arif Habib Centre, 23-M.T. Khan

Road Karachi,
Phone:
021-32465890,
Fax: 02132429653,
email:
ahmed.rajani@arifhabiblimited.com

Next Capital Limited

8th Floor Horizon Tower, Plot # 2/6,

Block-III, Clifton, Karachi, UAN #: 111639-825.

AWT Plaza 1st Floor, I.I.

Chundrigar Road,
Citybank N.A., Pakis P.O. Box 4889, Karachi74200, Tel: 021-32598987
Fax: 32598048

No.

Name of Company
(Target Company)

Name of
Acquirer

Name

Manager to the Offer

Address

Purchase Price
per share (Rupees)

Acquisition
No. of Shares

Last Date of
Acceptance