EoIs invited for sale of 90 percent HPFL shares

The Privatisation Commission has invited expressions of interest (EoIs) from prospective investors for 90 percent shares of Hazara Phosphate Fertilisers (Private) Limited. The plant is located at Haripur in NWFP. Hazara Fertilisers is a state-owned private limited company, registered under the Companies Ordinance 1984.
The authorised capital of the HPFL is Rs 200 million divided into 20 million ordinary shares of Rs 10 each whereas the issued, subscribed and paid-up capital of the company is Rs 191.143 million comprising 19.143 million ordinary shares of Rs 10 each. Interested parties have been asked to submit EoIs by December 8.