The Clap
Pachin (PACH) is negotiating with Saybad and Sipes, the companies offering to acquire Pachin, regarding the land it owns in Hadaeq Al Qubbah, and the possibility of increasing the price of the bids submitted for it.
The Land
Pachin owns land in Hadaeq Al Qubbah with an area of 50,000 square meters. The land initially had a factory built on it, before the factory was torn down with the intention of turning the land into a residential project.
Pachin’s Stance
Sources say that Pachin is negotiating with the Holding Company for Chemical Industries, Pachin’s main shareholder, and the bidders to increase the price of the potential deal, as the conversion of the land from industrial activity to residential will increase the value of the company.
Pachin milking a higher price 🎨
