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.
Offshore Shareholders Move to Acquire Direct Stake in K-Electric propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.
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.