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AGPAGP LtdAGP Limited disclosed that its Board approved a proposed corporate reorganization and integration initiative under a scheme of arrangement. The proposal involves merger of OBS AGP and OBS Pakistan into AGP, demerger and merger of OBS Pharma into AGP, and demerger of Aitkenstuart with share adjustments. Management said the combined platform could increase topline by approximately PKR 8.7 billion to PKR 37.5 billion, lift pro forma profit after tax to over PKR 5.6 billion, and be approximately 10.5% accretive to shareholders, subject to approvals and court sanction.
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
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