Karachi October 13 2022: K-Electric has no information of any proposed change in controlling stake of K-Electric as reported in the News Article, according to company’s filing to the exchange.
The share price gains 8 paisa or 2.7 percent in yesterday trading at Pakistan Stock Exchange.
K-Electric is in the process of gathering the relevant facts and will make appropriate disclosure to the Pakistan Stock Exchange in this regard as soon as it has sufficient facts to clarify the matter reported in the News Article.
K-Electric Limited (K-Electric) has been made aware of the news item published in ‘The News International’ on October 12, 2022 bearing the heading “KE’s controlling stake sale nears to completion abroad, unbeknown to Pakistan”
