An Assignment and Assumption Agreement for the sale of more than 1.13 billion ordinary shares of Lotte Chemical Pakistan Limited (PSX: LOTCHEM) has been executed by Lotte Chemical Corporation (LCC Korea).
According to a stock filing by LOTCHEM, Lucky Core Industries Limited (PSX: LCI) and Lucky Core Ventures (Private) Limited (a wholly-owned subsidiary of Lucky Core Industries Limited) have signed an Assignment and Assumption Agreement with respect to the Share Purchase Agreement with Lucky Core Industries Limited dated January 26, 2023, with Lucky Core Industries Limited for the sale of 1,135,860,105 shares of the company held by Lucky Core Industries Limited.