38 EoIs received for Mustehkam Cement

Posted on 05.03.05 by StockPK Team @ 11:41 am    

The Privatisation Commission has received 38 expressions of interest (EoI) for 85.29 percent share of Mustehkam Cement Limited (MCL). Minister for Privatisation, Dr Abdul Hafeez Shaikh, declared the results here on Saturday. He said the EoIs reflected investors’ confidence in the government’s economic and privatisation policies. He said that the privatisation program was heading forward satisfactorily and successfully to encourage the private sector for more investment. He said the ‘privatisation for the people’ programme transmitted the benefit to the common man through public offerings of GoP shares in public sector entities.