TPL Corp Limited (KASE:TPL) acquired an unknown minority stake in TPL Properties Limited (KASE:TPLP) from Alpha Beta Capital Markets (Private) Limited for approximately PKR 200 million on January 13, 2021. As a part of the transaction, TPL Corp will acquire 17 million shares at a price of PKR 12 per share. Post closing the transaction, TPL Corp now owns 51% stake and becomes the majority shareholder of TPL Properties.

TPL Corp Limited (KASE:TPL) completed the acquisition of an unknown minority stake in TPL Properties Limited (KASE:TPLP) from Alpha Beta Capital Markets (Private) Limited on January 13, 2021.