Karachi March 30 2023: Manager to the Offer on behalf of Shanghai Electric Power Company limited (the “Acquirer” ) informed K-Electric that the Acquirer is extending the date for Public Announcement of Offer by ninety (90) days, according to company filing to the exchange.
Therefore, the time for making the Public Announcement of Offer in respect of the Transaction is extended till 27 June 2023.
K-Electric Limited was incorporated as a limited liability company on 13 September 1913 under the repealed Indian Companies Act,1882. The Company is principally engaged in the generation, transmission and distribution of electric energy to industrial and other consumers under the Electricity Act,1910 and NEPRA Act 1997, as amended to its licensed areas. KES Power Limited is its holding company.
