K-Electric Limited Locks in Financing with Seven-Year Sukuk

Karachi: K-Electric Limited has secured financing through a seven-year Sukuk, carrying a profit rate of 3-month KIBOR plus 1.7%. The market lot is 1 with a face value of Rs. 100,000. The total issue size stands at Rs. 6,700,000,000, fully outstanding. The next coupon payment is scheduled for 23 November 2023.

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GB CM Directs Officials to Resolve Public Complaints on Priority

Gilgit: Gilgit-Baltistan Chief Minister Amjad Hussain has directed the concerned authorities to resolve the problems of the people on a priority basis. He made this announcement while addressing an open court in Gilgit. According to Radio Pakistan, ...