RMS (Private) Limited Publishes Intention to Acquire Majority Stake in Baluchistan Wheels Limited

Karachi, RMS (Private) Limited, the acquirer, has published its intention to acquire a significant portion of Baluchistan Wheels Limited’s ordinary share capital. The Public Announcement of Intention, covering the acquisition of 63.56% of the shares or control of the Target Company, has been officially published in renowned newspapers, Business Recorder and Nawai-i-Waqt, on August 09, 2023. The publication aligns with Regulation 6 (S) of the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017.

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