KEL clarifies news on sale of controlling stake

MG News | October 13, 2022 at 04:06 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

October 13, 2002 (MLN): K-Electric Limited (KEL) on Thursday clarified news regarding the change in the company’s controlling stake published in a local daily on Wednesday, the company’s filings on the Pakistan Stock Exchange showed on Thursday.

In a notice to PSX company stated, “KEL has no information of any proposed change in controlling stake of the company as reported in the news article bearing the heading “KE’s controlling stake sale nears to completion abroad, unbeknown to Pakistan”.

KEL is in the process of gathering the relevant facts and will make appropriate disclosure to the PSX in this regard as soon as it has sufficient facts to clarify the matter reported in the news article, the notice added further.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	171,021.20 228.53M	-0.42% -718.25
ALLSHR	103,836.39 572.65M	-0.41% -422.85
KSE30	50,951.99 89.47M	-0.52% -264.77
KMI30	240,633.87 93.99M	-0.31% -756.80
KMIALLSHR	66,572.75 300.61M	-0.28% -185.59
BKTi	48,673.23 31.18M	-0.70% -343.86
OGTi	33,702.25 6.35M	-0.61% -205.57

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,750.00	64,760.00 63,875.00	535.00 0.83%
BRENT CRUDE	98.70	101.19 95.13	-1.99 -1.98%
RICHARDS BAY COAL MONTHLY	105.75	0.00 0.00	-1.55 -1.44%
ROTTERDAM COAL MONTHLY	121.10	121.10 121.10	0.70 0.58%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	90.47	0.00 0.00	1.16 1.30%
SUGAR #11 WORLD	14.76	14.79 14.54	0.07 0.48%