PC asked to allot 10 percent kapco shares for Wapda workers
Posted: April 18th, 2005 | Author: StockPK Team | Filed under: News | Tags: CBA, Kapco, Wapda | No Comments »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.

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