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 | ||
4.67 PKR | +1.97% | -1.06% | -11.22% |
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.
| ||
---|---|---|---|---|---|
9.48 CNY | -1.66% | -3.66% | 3.67B | ||
4.67 PKR | +1.97% | -1.06% | 463M | ||
1st Jan change | Capi. | |
---|---|---|
-11.22% | 463M | |
+21.37% | 151B | |
+11.29% | 85.33B | |
+2.36% | 81.84B | |
+3.66% | 77.63B | |
-3.48% | 70.64B | |
+75.19% | 64.55B | |
0.00% | 48.32B | |
+8.72% | 46.54B | |
+5.55% | 41.58B |
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- Shanghai Electric Power Co., Ltd. agreed to acquire a 66.40% stake in K-Electric Limited from KES POWER LTD.