Private Stock Holding acquires 25.42% stake in Asia Insurance Company

Profit by Pakistan Today reported that Private Stock Holding Limited has bought a 25.42 per cent stake in Asia Insurance Company Limited. The acquisition was made by purchasing 18,558,243 ordinary shares and took place on October 9, 2026. The buyer's move was brought to the Pakistan Stock Exchange through a filing on Friday.

Asia Insurance said it had received a formal notice from the buyer covering the transaction, which amounts to 25.42 per cent of the insurer's issued share capital. This disclosure follows an earlier announcement the company issued on May 18, 2026, on the same matter. The filing was made under Schedule II of the 2017 takeover rules for listed companies.

Asia Insurance has also asked the exchange to circulate the details to holders of its trading rights entitlement certificates. The filing gives shareholders the size of the buyer's holding and the date of the purchase.