Privatisation

Six companies have been shortlisted for the privatisation process of the national carrier

Marks second extension to privatisation process; bidding process now expected in August

No foreign firm has submitted documents for PIA’s acquisition as consortium leader

Committee agrees to study multiple models to know about their implications

KSE-100 index advances 132.79 points, settles at 74,663.98

Cabinet Committee on SOEs led by finance minister defers decision

KSE-100 index surge by 1,183 points, or 1.65% WoW, settles at 73,085.50

Aurangzeb reiterates the government’s resolve to bring retailers into tax net

Dar asks for revisiting list, adding all loss-making SOEs to privatisation programme

Prequalification begins for privatisation of district operations

Experts agree privatisation can have snowball effect, incentivise more investors

Commits to govt target of June 2024 for sell-off, aims to fetch $250-300m

Sources said the privatisation secretary briefed the premier on the possibility of privatising PIA by June 15

Ministerial group cites challenges, risks in circular debt-plagued power sect

Focus on better utilisation, taking exports to $250-300m within three years

Updated list shows 10 state-owned power distribution companies in active privatisation list

Provisional law to stop high courts from entertaining cases related to privatisation of state’s assets

Believe govt initiatives will result in favourable investment environment

Key official tells committee decision to privatise PIA is final

Ernst & Young chosen for crucial financial advisory role

Sees PML-N’s involvement in ‘selected’ privatisation

Pakistan directly sent documents to top 25 firms using Table of League mechanism

Privatising large SOEs in strategic sectors always proves to be very complex transaction

Union leader says sell-off will only multiply problems of consumers

World Bank officials meet caretaker Federal Minister of Privatisation Fawad Hasan Fawad

CCOP directs Privatisation Commission to develop clean plan of action

Fawad says PSM is a dead asset; DISCOs’ one-step privatisation no longer possible because of various factors

We need to erect a sound legal and prudent decision-making forum to ensure right prize for dwindling assets

COAS assures of army’s unflinching resolve to support the govt’s endeavors for a economic recovery

Formal transfer expected by September 30

Senate panel expressed concern over incomplete transaction of fertiliser company

Asset sales bring proceeds of $11b, but could not ensure efficiency, competition

The federal cabinet is now mulling over the umpteenth effort to beat some life back into the dead horse that is PIA

Privatisation minister reviews progress

Aviation minister confident that steps taken shall enable the removal of travel restriction on national flag carrier

Influential lobby places members on board of distribution firms against merit

Demands from govt to cancel its privatisation programmes

SHC dismisses plea challenging KE’s privatisation

Steel mill deposit money with SHC nazir after receiving it from federal govt

Privatisation Commission overrules objections raised over proposed transaction structure

Privatisation minister vows to ensure transparency

Decides to privatise steel mill through wholly owned subsidiary

SME Bank will lose the initial objective to provide loans to small businesses

Recommendation due to depressed market conditions, to avoid losses to exchequer

PC board gives nod to transaction structures

Govt warns coronavirus may rise precautionary measures not adopted on Eid

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CCOP authorises hiring of financial adviser to finalise transaction structure

PC eyes disinvesting Heavy Electrical Complex (HEC) and two RLNG plants in second quarter of this fiscal

Say it has been 'murderous' towards workers