BR100 Increased By (0.2%)
BR30 Increased By (0.41%)
KSE100 Increased By (0.07%)
KSE30 Increased By (0.23%)
AGHA 7.75 Decreased By ▼ -0.17 (-2.15%)
BECO 5.19 Decreased By ▼ -0.01 (-0.19%)
BML 58.66 Decreased By ▼ -0.59 (-1%)
BOP 33.69 Increased By ▲ 0.01 (0.03%)
CNERGY 10.61 Increased By ▲ 0.80 (8.15%)
CSIL 5.30 Decreased By ▼ -0.12 (-2.21%)
FCCL 53.74 Increased By ▲ 0.22 (0.41%)
FFL 16.46 Decreased By ▼ -0.22 (-1.32%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 7.28 Decreased By ▼ -0.07 (-0.95%)
KOSM 5.64 Increased By ▲ 0.03 (0.53%)
LOTCHEM 29.65 Increased By ▲ 0.54 (1.86%)
MLCF 96.36 Increased By ▲ 0.86 (0.9%)
NBP 203.53 Decreased By ▼ -0.82 (-0.4%)
NCPL 56.85 Decreased By ▼ -1.39 (-2.39%)
NPL 67.31 Decreased By ▼ -0.48 (-0.71%)
OGDC 318.22 Increased By ▲ 0.28 (0.09%)
PACE 10.63 Decreased By ▼ -0.08 (-0.75%)
PAEL 41.77 Decreased By ▼ -0.06 (-0.14%)
PIBTL 16.81 Increased By ▲ 0.31 (1.88%)
PPL 220.17 Increased By ▲ 0.43 (0.2%)
PRL 49.05 Increased By ▲ 4.46 (10%)
PTC 70.01 Decreased By ▼ -0.76 (-1.07%)
SSGC 29.14 Increased By ▲ 0.21 (0.73%)
TBL 9.77 Decreased By ▼ -0.07 (-0.71%)
TELE 8.82 Increased By ▲ 0.06 (0.68%)
TPL 17.17 Increased By ▲ 0.72 (4.38%)
TPLP 12.51 Increased By ▲ 0.41 (3.39%)
TREET 22.59 Decreased By ▼ -0.21 (-0.92%)
TRG 60.22 Increased By ▲ 0.19 (0.32%)

ISLAMABAD: The Minister for Privatisation held a meeting with potential financial advisors of the PIACL transaction here on Monday.

Forty-two participants from local and international advisory firms attended the meeting online and in person.

Dues of AACL: ECC approves Rs8bn financing for PIACL

The minister responded to questions and queries of the participants on various aspects of PIA financial advisory RfP such as the financial and organizational restructuring of the PIA, divestment timeframe, data availability and provision to successful bidder, etc.

The minister was accompanied by the secretary Privatisation Division, secretary Privatisation Commission, DG, and consultants.

Copyright Business Recorder, 2023

Comments

Comments are closed for this article.

Yousaf Hyat Oct 31, 2023 06:48am
Give to Emirates on rent ..
0
Maqbool Oct 31, 2023 03:09pm
@Yousaf Hyat , already done ………
0
Tariq Sultan Oct 31, 2023 03:38pm
Privitazation is a multi task exercise both within and outside the organization, unfortunately government of Pakistan lacks the expertise to handle the task for its finalization...Normally privatisations are carried out by internation organizations specializing in such huge process...I think this exercise is more for selling on throw away price without safeguarding the interests of its assests nor of its employees...Its a futile excercise without any gains...Primarily the plan to privatise is due the mishandling by the government which keeps on interfering in the policy making of the airline...A failure of the goverment to streamline the running of the carrier....
0