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TAD acquires 315-kanal land adjacent to Harappa


National
April 29, 2021
LAHORE: Punjab Tourism and Archaeology Department (TAD) has successfully fulfilled international demand to secure Harappa, declared world heritage by the Unesco, by acquiring 315 kanals of land adjacent to remnants of one of world s premium developed civilisation at Harappa, located at district Sahiwal.
The Unesco had demanded construction of walls and grill around Harappa. The TAD spent Rs190 million on purchasing nearby lands. Under well adopted policy devised by Chief Minister Usman Buzdar, the TAD is working hard for preservation of heritage sites like Harappa.
According to the Adviser to CM on Tourism and Archaeology Asif Mehmood, Communication and Works (C&W) Department is finalising, finishing the auditorium building, which would be used for multiple purposes. ....

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Reliance Acquires Another British Iconic Firm, Stoke Park for $79 Million


By
siliconindia  |  Friday, 23 April 2021, 04:38 Hrs
Mukesh Ambani’s Reliance Industries has acquired the Stoke Park Ltd. The deal was closed for 57 million pounds ($79 million).
In a filing, Reliance states that the U.K.-based firm possesses a hotel and golf course, would now add to Reliance s consumer and hospitality assets.
Ambani, richest person in Asia, is planning to pivot his oil-reliant business toward consumer offerings. However, in recent years he has procured iconic British toy store Hamleys and has swiftly become India s biggest telecom operator by subscribers since the inception of its services in 2016. Facebook, Google and a clutch of private equity and sovereign wealth funds have capitalised more than $25 billion into Ambani’s businesses betting on their success. ....

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Thai billionaire Sarath plans US$5.4bil buyout of Intouch


Sarath Ratanavadi, who controls the Gulf Energy Development (Gulf) - Thailand’s biggest power producer by market value, is among the richest businessman on the Thai stock market. - The Nation Thailand/ANN
BANGKOK, April 19 (Bloomberg): Gulf Energy Development Pcl, Thailand’s biggest power producer by market value, offered to to acquire Intouch Holdings Pcl that control’s the nation’s largest mobile phone operator for as much as 169 billion baht (US$5.4 billion).
The Bangkok-based company, controlled by billionaire Sarath Ratanavadi, offered to buy 2.6 billion shares, or about 81% of Intouch, that it doesn’t currently own at 65 baht each, it said in an exchange filing. The offer price is 11% higher than Intouch’s close on Friday. ....

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