Arif Habib consortium joins race for PIA privatisation

News Image

By MG News | July 09, 2025 at 02:54 PM GMT+05:00

0:00

July 09, 2025 (MLN): Arif Habib Corporation Limited (PSX: AHCL), as the Lead Member of a consortium, has submitted an Expression of Interest (EOI) and Statement of Qualification (SOQ) to the Privatisation Commission of Pakistan (PC) for participation in the privatisation process of Pakistan International Airlines Corporation Limited (PIACL).

According to Press Release issued by the Privatisation Commission and published on its official website, the consortium led by Arif Habib Corporation Limited (AHCL) has been pre-qualified to participate in the bidding process.

The consortium includes Arif Habib Corporation Limited, Fatima Fertilizer Company Limited, City Schools (Private) Limited, and Lake City Holdings (Private) Limited.

A total of four parties, including three other companies/consortia, have been declared pre-qualified, the notification issued to the local bourse.

The pre-qualified parties will now enter the buy-side due diligence phase, which is a critical step in the competitive and transparent privatisation process of PIACL.

The consortium's continued participation will depend on the results of this due diligence and further guidance from its Board of Directors.

AHCL affirmed its commitment to timely disclosure of all material and price-sensitive information, subject to confidentiality and national interest considerations, in accordance with applicable laws and regulations.

AHCL is an investment holding company, primarily focusing on strategic investments in subsidiary companies and associates across various sectors.

Evaluating potential investment opportunities is an integral part of our business activities. 

Copyright Mettis Link News 

Related News

Name Price/Vol %Chg/NChg
KSE100 132,576.99
161.03M
-0.62%
-826.20
ALLSHR 82,983.68
903.36M
-0.25%
-204.38
KSE30 40,358.80
56.86M
-0.72%
-292.66
KMI30 190,727.32
67.92M
-0.71%
-1356.60
KMIALLSHR 55,698.48
457.08M
-0.27%
-149.22
BKTi 36,242.06
11.15M
-0.50%
-180.82
OGTi 28,323.42
10.71M
-0.40%
-114.19
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,685.00 110,265.00
108,625.00
470.00
0.43%
BRENT CRUDE 70.42 70.71
69.61
0.27
0.38%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.45
1.51%
ROTTERDAM COAL MONTHLY 108.00 109.00
107.95
0.90
0.84%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.67 68.94
67.70
0.34
0.50%
SUGAR #11 WORLD 16.54 16.61
16.08
0.41
2.54%

Chart of the Day


Latest News
July 09, 2025 at 05:27 PM GMT+05:00

Gold price in Pakistan falls Rs3,000 per tola


July 09, 2025 at 05:26 PM GMT+05:00

UBL crowned top performing Primary Dealer in FY25


July 09, 2025 at 05:11 PM GMT+05:00

SECP approves name change for Secure Logistics



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg