ahlam1399
08-31-2016, 05:20 AM
KARACHI: A Chinese electric company, Shanghai Electric Power Company Limited, has shown its intention to buy the majority shares of the K-Electric through its manager at the Pakistan Stock Exchange (PSX) on Tuesday.
On behalf of the Chinese electric company, Arif Habib Limited (AHL), which serves as its manager in Pakistan, **tified the PSX on Tuesday regarding the intention.“We are pleased to submit a Public An**uncement of Intention by Shanghai Electric Power Company Limited to directly or indirectly acquire up to Rs18.335 billion ordinary shares of K-Electric Limited (the target company) representing 66.40 percent of the total issued share capital of the target company,” said the AHL **tification.The acquisition of shares is subject to due diligence and execution of definitive agreements.
http://feeds.feedburner.com/~r/com/cwEr/~4/Qb9jkkYugYc
أكثر... (http://feedproxy.google.com/~r/com/cwEr/~3/Qb9jkkYugYc/146663-Shanghai-Electric-to-buy-over-Rs18-bn-shares-of-K-Electric)
On behalf of the Chinese electric company, Arif Habib Limited (AHL), which serves as its manager in Pakistan, **tified the PSX on Tuesday regarding the intention.“We are pleased to submit a Public An**uncement of Intention by Shanghai Electric Power Company Limited to directly or indirectly acquire up to Rs18.335 billion ordinary shares of K-Electric Limited (the target company) representing 66.40 percent of the total issued share capital of the target company,” said the AHL **tification.The acquisition of shares is subject to due diligence and execution of definitive agreements.
http://feeds.feedburner.com/~r/com/cwEr/~4/Qb9jkkYugYc
أكثر... (http://feedproxy.google.com/~r/com/cwEr/~3/Qb9jkkYugYc/146663-Shanghai-Electric-to-buy-over-Rs18-bn-shares-of-K-Electric)