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Karachi, K-Electric Limited has secured its financial position in the market with the issuance of Sukuk (KELSC5). The Sukuk has a market lot of 1, a face value of Rs. 5,000, and offers a profit rate of “3M KIBOR +1.7%”. The total issue size is a substantial Rs. 25,000,000,000, with an outstanding principal of Rs. 23,750,000,000. The next coupon date is set for 03-02-2024.
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Islamabad: President Asif Ali Zardari has extended felicitations to the President of the Democratic People's Republic of Korea Kim Jong Un, and the people of the DPRK on the 78th anniversary of the founding of the republic. According to Radio Pakist...