The former member of the Provincial Assembly of Punjab, Aleem Khan, a business tycoon, is seeking to buy Silk Bank after he acquired Samaa TV earlier in 2020.
After acquiring Samaa TV, former PTI member Abdul Aleem Khan now plans to acquire Silk Bank. The stakes were previously owned by former finance minister of Pakistan Shaukat Tareen, which are now to be bought by Aleem Khan.
Baaghi TV has received a copy of the letter from Arif Habib Limited to the DG Manager Pakistan Stock Exchange, Executive Director Security and Exchange Commission of Pakistan and President of Silk Bank, which states that Arif Habib Limited announced that 51 shares and control of Silk Bank are to be acquired.
The announcement will be published in local English as well as Urdu newspapers in the agreed regulatory period.
According to the information provided, Park View Enclave owns 51% of the stakes. It has its office situated in the Blue Area of Islamabad. 50% of the shares will be under the possession of Mrs.
Kiran Aleem Khan, and 25% each will be possessed by Abdul Rehman and Miss Zainab Aleem Khan, as declared by Park View Enclave.
However, an investigation is still pending against Aleem Khan by the NAB.
Last August, it was stated by the Express Tribune that Mr. Aleem Khan had offered to acquire Shaukat Tarin and his family’s held shares in the Silk Bank.
