AVN 67.44 Increased By ▲ 0.22 (0.33%)
BOP 9.94 No Change ▼ 0.00 (0%)
CHCC 130.51 Increased By ▲ 1.01 (0.78%)
DCL 11.30 Increased By ▲ 0.09 (0.8%)
DGKC 111.52 Increased By ▲ 0.20 (0.18%)
EFERT 60.90 Increased By ▲ 0.16 (0.26%)
EPCL 43.85 Increased By ▲ 0.35 (0.8%)
FCCL 21.58 Decreased By ▼ -0.02 (-0.09%)
FFL 18.68 Increased By ▲ 0.03 (0.16%)
HASCOL 22.29 Increased By ▲ 0.50 (2.29%)
HBL 134.40 Increased By ▲ 0.65 (0.49%)
HUBC 84.50 Increased By ▲ 0.32 (0.38%)
HUMNL 8.64 Increased By ▲ 0.11 (1.29%)
JSCL 29.17 Increased By ▲ 0.44 (1.53%)
KAPCO 28.48 Increased By ▲ 0.28 (0.99%)
KEL 4.25 No Change ▼ 0.00 (0%)
LOTCHEM 13.46 Increased By ▲ 0.07 (0.52%)
MLCF 39.74 Increased By ▲ 0.21 (0.53%)
OGDC 110.09 Increased By ▲ 0.28 (0.25%)
PAEL 38.01 Increased By ▲ 0.14 (0.37%)
PIBTL 14.20 Increased By ▲ 0.01 (0.07%)
PIOC 96.32 Increased By ▲ 0.22 (0.23%)
POWER 9.53 Increased By ▲ 0.05 (0.53%)
PPL 98.89 Increased By ▲ 0.21 (0.21%)
PSO 206.50 Increased By ▲ 0.73 (0.35%)
SNGP 64.15 No Change ▼ 0.00 (0%)
STPL 13.30 No Change ▼ 0.00 (0%)
TRG 57.66 Decreased By ▼ -0.02 (-0.03%)
UNITY 17.99 Increased By ▲ 0.21 (1.18%)
WTL 1.29 No Change ▼ 0.00 (0%)
BR100 4,439 Increased By ▲ 19.42 (0.44%)
BR30 22,677 Increased By ▲ 64.82 (0.29%)
KSE100 42,505 Increased By ▲ 170 (0.4%)
KSE30 18,046 Increased By ▲ 102.45 (0.57%)
COVID-19 TOTAL DAILY
CASES 288,047 747
DEATHS 6,162 9

ISLAMABAD: The Ministry of Privatisation auctioned 20 government-owned properties in four cities have been auctioned with Rs1 billion proceeds. In the next step, the auction will take place at Multan, Vehari and Rahim Yar Khan starting 16th September 2020, this journey will culminate on 28 September with the auction of the biggest property, worth more than Rs5 billion.

All the properties have been auctioned through open bidding and in a transparent manner. The 90 percent of the sale proceed will go for debt retirement, and rest of the 10 percent for poverty alleviation.

Copyright Business Recorder, 2020

Comments are closed on this story.