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 | ||
4.58 PKR | -1.29% | +3.39% | -12.93% |
Apr. 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.
| ||
---|---|---|---|---|---|
9.04 CNY | +1.23% | -0.22% | 3.51B | ||
4.58 PKR | -1.29% | +3.39% | 454M | ||
1st Jan change | Capi. | |
---|---|---|
-12.93% | 454M | |
+8.64% | 136B | |
-2.19% | 77.98B | |
+0.69% | 75.38B | |
-8.92% | 66.47B | |
+61.15% | 59.36B | |
+4.97% | 44.9B | |
+7.34% | 42.26B | |
0.00% | 41.94B | |
+3.96% | 37.31B |
- Stock Market
- Equities
- KEL Stock
- News K-Electric Limited
- Shanghai Electric Power Co., Ltd. agreed to acquire a 66.40% stake in K-Electric Limited from KES POWER LTD.