Shifa International Hospitals Limited (KASE: SHFA) agreed to acquire the remaining 40% stake in Shifa Consulting Services (Pvt.) Ltd from Sohail A Siddiqi for PKR 0.12 million on June 30, 2016. Shifa International Hospitals Limited will purchase 1.2 million shares of Shifa Consulting Services (Pvt.) Ltd at PKR 0.10 per share. Upon completion of the transaction, Shifa Consulting Services (Pvt.) Ltd will become a wholly owned subsidiary of Shifa International Hospitals Limited. The completion of the transaction is subject to approval by the members of Shifa International Hospitals Limited. Shifa International Hospitals Limited (KASE: SHFA) agreed to acquire the remaining 40% stake in Shifa Consulting Services (Pvt.) Ltd from Sohail A Siddiqi on October 29, 2016.