KARACHI: Greentree Holdings Ltd (GHL) plans to acquire 35.145 per cent share of the issued and paid up share capital and control of TRG Pakistan Ltd.

This development was shared by AKD Securities, which has also been appointed as Manager to the officer by GHL.

While continuing to purchase shares, GHL had purchased nearly 30pc of the shares of TRG Pakistan.

Greentree Holdings Ltd was incorporated as an exempt company in Bermuda in August 2020. It is a wholly owned subsidiary of a Bermuda incorporated company, The Resource Group International Ltd, which is an investment holding company.-Staff Reporter