The Privatisation Commission (PC) is holding a pre-bid conference here on Tuesday to privatise Mustehkam Cement Limited (MCL) through the sale of 85.29 percent shares held by the holding company, SCCP. The commission has received forty-five (45) Expression of Interests (EoIs) from prospective investors and business houses in this regard. The pre-bid conference is being held to respond to the investors' queries regarding the transaction and to inform them about the bidding process.
The companies, which have submitted EOIs include 4B Industries, Abdali Brothers, Afzal Motors, Al-Abbas Group of Companies, Al-Hamza Group of Companies, Ali Akbar Enterprises Agro Division, Alloy Steel Company, Amtex Pvt Ltd, Asgharali Group, Balochistan Glass Ltd, Bestway Cement Ltd, BNP Group, Colony Textile Mills Ltd, Dal Teknik Engineering Group Dewan Mushtaq Group, Elixir Securities Pakistan, Fauji Cement Company Fecto Cement Ltd, Ghazi Group, Gulistan Group of Companies, Hunza Group of Companies, Imran Pasha (Pvt) Ltd, Ittehad Steel, Kohinoor Oil Mills, Lucky Cement Ltd, Maple Leaf Cement Factory Ltd, National Group, Premium Energy, Saif Telecom Ltd, Sapphire Group, Sarwak Clinker Sdn, Bhd, Sarhad Textile Mills Ltd, Shalimar Shoes Ltd, Silver Textile Factory, Subh-e-Noor, Swat Ceramics Company Pvt Ltd, The Petrosin Group, Usman Enterprises, Privilege Developments Pvt Ltd, Pakistan Kuwait Investment Co Pvt Ltd, Three Stars Group of Companies, Habib Alvi Group of Companies, Cemex Asia Pvt Ltd, Cement Friends Group and Pak Steel.
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