ISLAMABAD: The government was considering the privatization of public sector entities through Public Private Partnership instead of the out right sale of State Owned Entities (SOE). Federal Minister for Privatization Syed Naveed Qamar stated this while addressing the signing of Share Purchase Agreement (SPA) and handing over ceremony of Hazara Phosphate & Fertilizers (Pvt) Limited [...]
Continue reading...Wednesday, November 26, 2008
ISLAMABAD: Federal Minister for Privatization Syed Naveed Qamar on Wednesday directed Board of Privatization Commission to go-ahead for holding an open bidding for the acquisition 51 % of shares of National Power Construction Company (NPCC) together with management control on “as is where is” basis. The PC Board formulated its recommendation for the approval of [...]
Continue reading...Wednesday, August 6, 2008
ISLAMABAD: A meeting was held here on Wednesday Privatisation Commission (PC) chaired by Syed Naveed Qamar Federal Minister for Privatisation, Investment & Finance to finalize the schedule for privatisation of public sector entities during September-October 2008. Popularity: 10% [?]
Continue reading...Thursday, June 26, 2008
ISLAMABAD: In order to make the Privatisation Policy pro-workers, the workers of public sector entities will be given 10 % shares of their respective entities. Syed Naveed Qamar Federal Minister for Privatisation, Investment, Finance, and Revenues & Economic Affairs announced while chairing a meeting of the Board of Privatisation Commission on Thursday. Syed Naveed Qamar [...]
Continue reading...Tuesday, June 3, 2008
ISLAMABAD: The Privatisation Commission (“PC”) has received an overwhelming response in the shape of 19 Expressions of Interest (EOIs) from reputed Pakistani and International parties / consortia who have expressed their interest in entering the process towards acquiring 93.88% strategic shareholding in SME Bank Limited (“SME Bank”) along with transfer of management control. The last [...]
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Friday, November 28, 2008
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