Jahangir Siddiqui and Company Limited informed Pakistan Stock Exchange that competition commission of Pakistan has granted Pre-Merger approval to Energy Infrastructure Holding (private) Limited, a wholly owned subsidiary of the Company for the acquisition of 100% shares of Q1 Petroleum Private Limited.

The announcement is available at:

https://dps.psx.com.pk/download/document/142615.pdf

Jahangir Siddiqui and Co. Ltd. is a Pakistan-based holding company. The Company is engaged in the trading of securities, maintaining investments, consultancy services, underwriting, and others. The Company's segments include capital market & brokerage, banking, investment advisor/ assets manager and others. The Company's capital market & brokerage segment is engaged in trading of equity securities, maintaining and trading portfolios, and earning share brokerage and money market, forex and commodity brokerage. Its banking segment is engaged in providing investment and commercial banking. The Company's investment advisor / assets manager segment provides investment advisory and asset management services to different mutual funds and unit trusts. The Company's others segment includes telecommunication and information technology, underwriting and consultancy services, research and corporate finance and power generation activities.

The symbol "JSTFC6" is being used by the stock exchanges for the shares of Jahangir Siddiqui and Co. Ltd.

© Pakistan Press International, source Asianet-Pakistan