Shanghai Electric submits fresh PAI to acquire 66.4% shares of K-Electric
MG News | June 29, 2020 at 05:48 PM GMT+05:00
June 29, 2020 (MLN): Shanghai Electric Power Company has submitted a fresh Public Announcement of Intention (PAI) to acquire 18,335,542,678 ordinary shares of K-Electric Limited, which represent 66.4% of the total issued share capital of the target company.
As per the notice issued by the company in this regard, Arif Habib Limited will act as the Manager to the Offer.
Last week, Shanghai Electric had withdrawn its POI to acquire K-Electric as certain regulatory and other approvals for the Transaction remained outstanding.
Copyright Mettis Link News
Related News
_20260606124224963_473c6c.jpeg?width=280&height=140&format=Webp)
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 168,953.71 137.85M | -0.89% -1525.24 |
| ALLSHR | 101,913.00 653.00M | -0.95% -972.54 |
| KSE30 | 50,350.49 53.41M | -1.04% -527.12 |
| KMI30 | 241,458.68 47.12M | -1.01% -2459.18 |
| KMIALLSHR | 66,152.24 285.01M | -0.89% -591.11 |
| BKTi | 45,807.84 15.71M | -1.10% -509.63 |
| OGTi | 34,908.25 5.34M | -0.88% -310.37 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 63,235.00 | 64,325.00 59,600.00 | 2720.00 4.49% |
| BRENT CRUDE | 96.91 | 98.08 95.00 | 3.82 4.10% |
| RICHARDS BAY COAL MONTHLY | 122.00 | 0.00 0.00 | -0.40 -0.33% |
| ROTTERDAM COAL MONTHLY | 138.00 | 138.05 138.00 | 4.00 2.99% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 94.56 | 95.47 92.20 | 4.02 4.44% |
| SUGAR #11 WORLD | 14.33 | 14.36 14.15 | 0.19 1.34% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()