Shanghai Electric submits fresh PAI to acquire 66.4% stake in KE

By MG News | December 29, 2021 at 04:17 PM GMT+05:00

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December 29, 2021 (MLN): K-Electric Limited (KE) has received fresh Public Announcement of Intention (PAI) from Shanghai Electric Power Company Limited (SEP) to acquire up to 66.40 % voting shares of K-Electric Limited, company’s filing on PSX showed on Wednesday.

The aforesaid PAI is subjected to the receipt of regulatory and other approvals.

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