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Print Print edition: 2024-09-21

Bidding for PIACL to be held on Oct 1

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By Wasim Iqbal

ISLAMABAD: The Privatisation Commission Board, on Friday, announced that it will hold bidding for the PIACL for 1st October 2024.

The meeting was held here under the Chairmanship of the Minister for Privatisation/ Chairman Privatisation Commission, Abdul Aleem Khan. The board reviewed the current status of PIA’s privatisation and considered recommendations of the financial advisor with respect to the permitted changes under the terms of the Request for Statement of Qualification (RSOQ).

Senate panel told: 75pc of PIACL shares up for bidding by October

The Privatisation Commission had prequalified six bidders including Fly Jinnah, Consortium led by YB Holdings (Pvt) Limited, Airblue Limited, Consortium led by Pak Ethanol (Pvt) Limited, Arif Habib Corporation Limited and Blue World City.

Copyright Business Recorder, 2024

PIA Abdul Aleem Khan privatisation Privatisation Commission PIACL Ministry of Privatisation PC Board PIA privatisation PIA sell off bidding process

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Abdullah Sep 21, 2024 10:54am
Should have done it in early 2000 including the steel mills too.
0
Taruq sultan Sep 21, 2024 11:21am
The buyers shall be ultimate loosers due to current economic meltdown... and interference from outside sources...A total loss scenario.
0
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