Prospects of KE shares transfer to new buyers ‘unclear’

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ISLAMABAD: The prospects of transfer of shares of K-Electric (KE) to new buyers are reportedly unclear as the federal government has directed its legal team to maintain status quo in Sindh High Court (SHC). Background interviews with circles aware of developments in the matter revealed that the legal team recently informed the government that they have succeeded in maintaining status…

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Getting NSC a must for transfer of KE shares

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ISLAMABAD: The Ministry of Law and Justice has held that National Security Certificate (NSC) is obligatory for transfer of shares of K-Electric, which is not just a business entity but a strategic asset of the country and any alteration in its shareholding structure should be subject to a rigorous evaluation process. Ministry of Law and Justice has given its clear…

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