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Who is Ali Shekhani, the businessman ready to buy K-Electric?

MM News Staff by MM News Staff
June 28, 2024
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Well-known US-based Pakistani businessman Ali Shekhani has announced his intention to buy K-Electric.

According to details, in a video statement that appeared on social media, businessman Ali Shekhani said: “For the last four days, my marketing team and I have been tagged to buy K-Electric.”

In the video statement, Shekhani mentioned that he had directed his team to inform him whether K-Electric has been sold or is about to be sold and what the procedure is to buy this electric supply company in Pakistan’s largest city, Karachi.

Expressing his intention to buy K-Electric, Shekhani said: “I want to know where the tender will be given. Who are the responsible people? We are ready to buy K-Electric without bribing anyone.”

In the video message, Shekhani emphasized that the citizens of Karachi should not be oppressed. “People living in small houses do not even have a salary of 40,000 rupees, and the electricity bill comes to 120,000 rupees,” he lamented.

He said that he would try his best to relieve the citizens of Karachi from this torment.

Who is Ali Shekhani?

Sheikhani is a US-based Pakistani businessman, born on October 15, 1986, is an American entrepreneur and investor of Pakistani descent residing in Houston, Texas. He is renowned as the chairman of the Sheikhani Group of companies. Ali Sheikhani was born to Hussain Sheikhani and Shamim Bano Sheikhani in Pakistan. He completed his early education in Pakistan before relocating to the United States, where he pursued a degree in Criminal Justice & Tcole License at the University of Houston-Downtown.

Ali Sheikhani initially worked as a gas station employee before recognizing his entrepreneurial potential. He gradually developed an interest in business management and eventually founded the Sheikhani Group, assuming the role of Chief Executive Officer in early 2008. With his strategic leadership, he steered the company to unprecedented success.

Sheikhani net worth is USD 600 million approximately.

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