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Karachi: K-Electric Limited has introduced its Sukuk, labeled KELSC5, with a face value of 5,000 and a tenor of 7 years. The profit rate is determined by the 3M KIBOR plus 1.7%. The company has reported a total issue size of Rs. 25,000,000,000 with an outstanding principal of Rs. 23,750,000,000. The subsequent coupon date is 03-11-2023.
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President Zardari Extends Felicitations to South Korea on National Liberation Day
Islamabad: President Asif Ali Zardari has extended felicitations to the President of the Republic of Korea, Lee Jae Myung, the Government and its people on their National Liberation Day. In his letter, the President highlighted that Pakistan attaches ...