K-Electric Limited’s Seven-Year Sukuk

Karachi, (PPI Bot): K-Electric Limited’s Sukuk (KELSC5) comes with a seven-year term and a profit rate of 3M KIBOR+1.7%. The issue has a market lot size of 1 and a face value of 5,000 PKR, with an outstanding principal amount of 23.75 billion PKR out of a 25 billion PKR issue. The next coupon is due on 03-02-2024.

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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 ...