Pakistan, May 13 -- Shifa International Hospitals Limited (SIHL) plans to buy out all the shares owned by minority shareholders in its subsidiary, Shifa Medical Centre Islamabad (Private) Limited (SMCI), as part of a broader strategy to streamline operations and support future growth.
SIHL shared the development in a notice to the Pakistan Stock Exchange (PSX) on Monday.
"The Board of Directors of SIHL, in its meeting held on 10 May 2025, has considered and approved proposal to purchase the shareholding of all the shares held by all the minority shareholders in its subsidiary company, SMCI by negotiating and entering into share purchase agreements and executing share transfer deeds with all the relevant parties.
"The transaction would le...