Privatization Commission to hire Financial Advisor for sale of 18.39% shares in Mari Petroleum

MG News | November 30, 2017 at 12:31 PM GMT+05:00

0:00

Privatization Commission is looking to hire Financial Advisor to divest the shares of Mari Petroleum shares. The Government after careful consideration has decided to sell around 18.39% share of Mari Petroleum.

The Privatization Commission has invited bids from Financial Institutions and other entities who are interested in the purchase of Mari shares.

The interested parties can submit their requests by 2^nd of January, 2018.

The current shareholders of Mari Petroleum include: Fauji Group 40%, Oil & Gas Development Authority 20% and 21.61% are owned by General Public.

Related News

OGDC leads State-Owned firms in H1 FY25 profits

Mari Energies picks up stakes in three OPI blocks to boost local E&P

Oil prices slip after hitting two-week highs

Name	Price/Vol	%Chg/NChg
KSE100	137,212.11 171.66M	0.52% 709.57
ALLSHR	85,435.17 518.96M	0.42% 355.27
KSE30	41,786.22 46.62M	0.56% 233.59
KMI30	192,861.54 36.60M	-0.24% -469.22
KMIALLSHR	56,217.06 246.13M	-0.17% -98.25
BKTi	39,200.47 25.86M	1.82% 702.39
OGTi	28,065.26 2.59M	-0.26% -73.12

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	117,215.00	120,695.00 116,740.00	-3020.00 -2.51%
BRENT CRUDE	68.81	69.17 68.70	-0.40 -0.58%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	0.25 0.26%
ROTTERDAM COAL MONTHLY	106.50	106.60 106.50	-2.20 -2.02%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	66.52	66.99 66.40	-0.46 -0.69%
SUGAR #11 WORLD	16.31	16.67 16.27	-0.26 -1.57%