Islamabad, July 7, 2025: The Pakistan General Insurance Company Limited (PSX: PKGI) has received a fresh public acquisition offer targeting 7.64% of its total shareholding. The move comes as investor Muhammad Shahzad Habib and his associates aim to acquire 3,822,101 ordinary shares of the company, indicating strong investor interest in PKGI’s future potential.
According to the official notice sent to the Pakistan Stock Exchange (PSX), the acquisition offer hinges on a minimum acceptance level of 5.35% shares, or 2,675,471 shares, as mandated under the Securities Act, 2015 and the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017. This condition ensures regulatory compliance and reflects the intent of the acquirers to secure a meaningful stake in the insurance firm.
The public offer outlines a clear timeline for shareholders. Offer letters and acceptance forms have already been dispatched to all eligible shareholders of the target company. The acceptance window is set to run from July 9 to July 15, 2025, during normal business hours. Shareholders interested in participating must submit the required documents within this time frame.
The development signals a strategic opportunity for stakeholders of Pakistan General Insurance, as the offer could influence both stock price and ownership dynamics at PKGI. If accepted, the acquisition could lead to fresh capital and possible changes in management direction, depending on the buyer’s strategic objectives.
The public acquisition offer reflects renewed interest in Pakistan’s insurance sector, which has been attracting attention due to its untapped growth potential. PKGI’s involvement in general insurance, coupled with its long-standing presence on the PSX, makes it an appealing target for investors seeking stable returns and market share.
Read More: Pakistan Finalises 10-Year Industrial Policy
Following the announcement, market analysts anticipate increased trading volume in PKGI shares. Shareholders now face a critical decision—whether to hold their positions in hopes of long-term gains or cash out in response to the current acquisition offer. Either way, this move has positioned Pakistan General Insurance at the center of attention in the financial and corporate circles.
