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Greentree Holdings to acquire additional 35.147% shares of TRG Pakistan, bringing $50m foreign exchange inflows

Greentree Holdings to acquire additional 35.147% shares of TRG Pakistan, bringing $50m foreign exchange inflows

02/24/25, 3:46 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/BM.svgbermuda
https://purecatamphetamine.github.io/country-flag-icons/3x2/PK.svgpakistan
Industry
financial services
finance
financial services
Greentree Holdings Limited has announced its intention to purchase an additional 35.147% shares of TRG Pakistan at Rs75 per share, which will result in over $50 million of foreign exchange inflows into Pakistan's economy. This acquisition is expected to significantly impact Pakistan's balance of payment and support the domestic currency against the US dollar. The acquisition is in compliance with takeover laws and reflects Greentree's commitment to investing in Pakistan's economy.

Company Info

Company
Greentree Holdings Limited
Location
Bermuda
Company info
Greentree Holdings Limited is a Bermuda-based investment holding company and the majority shareholder of TRG Pakistan Limited. It operates as a wholly owned subsidiary of TRG International Limited and is committed to bringing foreign exchange inflows and investment into Pakistan's economy.