Shanghai Electric requests 90 day extension for acquiring 66.4% of KEL shares

By MG News | June 28, 2019 at 09:38 AM GMT+05:00

0:00

June 28, 2019 (MLN): Shanghai Electric Power Company Limited has requested an extension of 90 days in making the Public Announcement of Offer for acquisition of 66.40% shares of k-Electric Limited.

A Public Announcement of Intention for the same purpose was made on December 25, 2018 and Arif Habib Limited is acting as the Manager to the Offer for this acquisition. The announcement for offer was originally to be made by June 23, 2019.

Copyright Mettis Link News

Related News

NBP leads Pakistan’s banks in shareholder value surge

DFML assembles over 300 EVs for delivery

PSX Closing Bell: Bulls Run the Show

Name	Price/Vol	%Chg/NChg
KSE100	133,744.18 148.19M	0.28% 374.03
ALLSHR	83,403.41 522.12M	0.39% 322.26
KSE30	40,795.75 52.72M	0.22% 90.45
KMI30	192,904.68 60.77M	0.17% 324.00
KMIALLSHR	56,005.52 300.76M	0.30% 169.81
BKTi	36,507.00 9.45M	0.52% 189.83
OGTi	28,623.08 6.68M	0.28% 80.12

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,690.00	108,880.00 107,680.00	235.00 0.22%
BRENT CRUDE	69.26	69.50 69.03	-0.32 -0.46%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	2.90 3.07%
ROTTERDAM COAL MONTHLY	106.00	106.75 106.00	0.25 0.24%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	67.54	67.97 67.40	-0.39 -0.57%
SUGAR #11 WORLD	16.25	16.46 16.07	-0.13 -0.79%