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The power utility's holding structure has widely been considered an impediment to its acquisition by China's state-owned Shanghai Electric, a deal that has lingered for years due to regulatory and legal hurdles in Pakistan.
KARACHI: The majority shareholders of an offshore holding company that owns most of Pakistani power company...
KARACHI, Pakistan: The majority shareholders of an offshore holding company that owns most of Pakistani power company K-Electric said on Wednesday (Jul 12) they have initiated legal proceedings to seek direct ownership of a stake in the utility. The power utility's holding structure has widely been conside
The majority shareholders of an offshore holding company that owns most of Pakistani power company K-Electric said on Wednesday they have initiated legal proceedings to seek direct ownership of a...
KE was privatised in 2005, with a current market capitalization of Rs53 billion