Karachi, Kohinoor Energy Limited informed Pakistan Stock Exchange that Mr. Naseem Saigol and Mr. S M Shakeel have been re-appointed as Chairman of the Board and Chief Executive Officer of the Company respectively for the term of three years commencing from October 30, 2018.
Kohinoor Energy Limited is a company incorporated in Pakistan on April 26, 1994 as a public limited company. The foundation of the company is laid under the Companies Ordinance, 1984. The principal activity of the company is to own, operate and maintain a power plant of 124 MW capacity in Lahore and to sell the electricity produced therefrom to a sole customer, the pakistan Water and Power Development authority under a power purchase agreement for a term of 30 years which commenced fromJune 19, 1997. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Islamabad.
The symbol “KOHE” is being used by the stock exchanges for the shares of Kohinoor Energy Limited.