KARACHI: Shanghai Electric Power Company has withdrawn its offer to buy up to 66.4 percent stake in K Electric.
In this regard, the Pakistan Stock Exchange was informed, the value of the shares is 18.33 billion rupees. Shanghai Power had been trying to buy K-Electric for several years.
Shanghai Electric first tried to buy shares of Ke Electric in 2016. The longest-running takeover offer by a company in Pakistan’s history has now ended.
Pakistani exports to 5 Central Asian countries have declined by 17% during the first half of the fiscal year 2024-25....
Lahore: Pakistan's national debt has been reduced, according to a document from the Ministry of Finance, the debt of 73.9...
Karachi: Experts associated with the tech industry say that Saudi Arabia, the UAE and Qatar are rapidly moving towards becoming...
Islamabad:A working group meeting was held between the Ministry of National Food Security & Research (MNFSR), Pakistan, and the Ministry...
Islamabad: Reacting to the increase in gas prices, the Pakistan Business Council (PBC) has said that providing expensive gas to...
