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Mettis Global News
Mettis Global News

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Privatization committee approves the sale of 7% shares of OGDCL, 10% shares of PPL

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August 21, 2020 (MLN): Cabinet Committee on Privatization met today under the chairmanship of Finance Advisor, Abdul Hafeez Sheikh.

 The committee discussed important decisions regarding privatization transactions of state-owned enterprises, and approved the sale of 7% shares of OGDCL, 10% shares of PPL, and 20% shares of Pakistan Reinsurance Company.

However, the decision pertaining to PIA-owned Roosevelt Hotel New York was delayed.

The approval of the transaction structure of First Women Bank and House Building Finance also came under discussion.

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Posted on: 2020-08-21T15:14:00+05:00

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