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Govt unable to appoint KE director

Summary by The Express Tribune
The litigation between shareholders of K-Electric (KE) has created hurdles as the federal government has not been able to appoint new directors on the company board. At a recent high-level meeting, chaired by Prime Minister Shehbaz Sharif, the cabinet has approved the appointment of a new independent director on the KE board to replace the previously approved board member. The Power Division informed the meeting that KE was a private corporate e…

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