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Karachi, Alpha Beta Core Solutions (Private Limited) on behalf of New Future Consumer International General Trading LLC (NFCI) declared the expiration of their public offer to acquire up to 1,752,728 ordinary shares of ZIL Limited, a prominent company in the industry. The acceptance period for the offer came to a close on May 10, 2023, resulting in a significant development in the shareholding landscape of ZIL Limited.
The public offer, aimed at acquiring 1,752,728 shares, which accounted for 28.63% of ZIL Limited’s total shares, attracted substantial interest from shareholders. The Acquirer, NFCI, confirmed that a total of 1,437,718 shares, constituting 23.48% of the target company’s shares, were tendered and accepted as part of the offer.