Tag Archives: SECP asked to reverse ‘hostile takeover’ of Ecopack

KARACHI: Minority shareholders of Ecopack Ltd — a listed company that makes plastic bottles for beverage firms — have sought the intervention of the Securities and Exchange Commission of Pakistan (SECP) to protect the entity from hostile and allegedly illegal takeover by a group of seven investors. The seven acquirers “acted in concert” to accumulate over 50 per cent shareholding …

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