Shanghai Electric Power Co., Ltd. agreed to acquire a 66.40% stake in K-Electric Limited (KASE:KEL) from KES POWER LTD on January 20, 2023. Shanghai Electric Power will acquire 18,335 million shares of K-Electric Limited. Transaction has been approved by Development and Reform Commission of the People's Republic of China and the approval of the Pakistan Competition Commission and other prerequisites.
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
4.68 PKR | +6.36% | +5.41% | -11.03% |
04-22 | Shanghai Electric Power pulls offer to buy stake in Pakistan's K-Electric | RE |
2023 | K-Electric Limited Reports Earnings Results for the Full Year Ended June 30, 2023 | CI |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
9.23 CNY | -1.18% | +0.44% | 3.6B | ||
4.68 PKR | +6.36% | +5.41% | 465M | ||
1st Jan change | Capi. | |
---|---|---|
-11.03% | 465M | |
+19.94% | 150B | |
+10.71% | 84.88B | |
+0.25% | 80.94B | |
+5.50% | 79.01B | |
-4.35% | 70.36B | |
+77.95% | 65.55B | |
+11.52% | 47.75B | |
0.00% | 44.95B | |
+10.96% | 43.71B |
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- Shanghai Electric Power Co., Ltd. agreed to acquire a 66.40% stake in K-Electric Limited from KES POWER LTD.