Khofiz Shakhidi: PET agrees takeover by Belphar

Khofiz Shakhidi
British Virgin Islands-based Belphar, which is owned by Khofiz Shakhidi, has a 29.9% stake in PET. PET’s Chief Executive Simon Escott said: “We welcome the opportunities that will be afforded to the company by joining a group with experience and knowledge of working in the former Soviet Union.”
Shares in PET rose 6p or 40% to 21p at 15:30 in London. PW