IGI Securities Limited – Investor Kit

Karachi, December 14, 2017 (PPI-OT): Top News

The Karachi-based brokerage said Shanghai Electric Power Company intends to extend the validity of the shareholders’ resolution for this transaction from Dec 15 this year to Dec 15, 2018. Initially, the size of the transaction was expected to be $1.77 billion. But a lower-than-expected determination of the multi-year tariff by the power regulator is likely to reduce that amount. https://www.dawn.com/news/1376464/shanghai-electric-to-extend-timeline-for-ke-deal

You May Also Like