PC asked to allot 10 percent kapco shares for Wapda workers
Posted on 04.18.05 by StockPK Team @ 2:13 pm
The Water and Power Development Authority (Wapda) has asked the Privatisation Commission (PC) to allocate 10 percent shares of Kot Addu Power Company ( kapco ) for Wapda employees through suitable amendment in the offer for sale document, sources in PC told Business Recorder. They said that Wapda Chairman Tariq Hamid has written a letter, the second in three weeks, to Privatisation Ministry Secretary, inviting his attention towards concerns of Wapda and Collective Bargaining Agent (CBA) union of employees regarding non-allocation of quota of kapco public shares to be offloaded to Wapda employees.
Tags: CBA, Kapco, News, Wapda