Karachi, Saif Power Limitedinformed Pakistan Stock Exchange about transaction of shares of the company. 6,589,000 shares @ Rs. 28.24 per share were sold in the market on January 30, 2018.
Saif Power Limited (SPL) was incorporated in Pakistan on November 11, 2004 as a Public Limited Company under the Companies Ordinance 1984 and commenced commercial operations on April 30, 2010.
SPL was developed under Government of Pakistan Power Policy 2002 on a Build, Own and Operate basis in Sahiwal District of Punjab, Pakistan. Head office of the Company is located at Kulsum Plaza, Jinnah Avenue, Blue Area, Islamabad, Pakistan.
SPL is a project of Saif Group, which is a diversified industrial and services conglomerate with portfolios in Textiles, power generation, oil & gas exploration, information technology & software development, real estate, fiber optic network, environmental management and healthcare services.
The symbol “SPWL” is being used by the stock exchanges for the shares Saif Power Limited.