'Privatisation, Capital Market Forum': Senator Waqar to represent Pakistan at UK moot

"Pakistan Privatisation & Capital Market Forum", being held under the auspices of London Stock Exchange (LSE) in conjunction with Nomura Dubai, will open at LSE Headquarters London, UK on December 10, 2010 (Friday). Stock Exchange has invited Senator Waqar Ahmed Khan, Federal Minister for Privatisation to deliver his keynote address.
Senator Waqar will lead a high level delegation comprising on top management of Pakistani companies to open the moot and deliver keynote address, while 50 top market leaders of international business and investment groups have also confirmed their participation.
A number of 18 Pakistani Public and Private Sector companies will showcase at LSE UK on Friday December 10, 2010 while more than 50 multinational foreign investment groups, business houses and top market leaders have confirmed their participation in the moot.
The public and private sector companies of include Pakistan Petroleum Limited (PPL), Pakistan State Oil (PSO), Oil & Gas Development Company Limited (OGDCL), Sui Northern Gas Pipeline Limited (SNGPL), Sui Southern Gas Company (SSGC) and Pakistan Mineral Development Corporation (PMDC), Pakistan Railways, Islamabad Electric Supply Company (IESCO), Pakistan Steel, ENGRO, Luck, HUBCO, MCB, Bestway, BMA, AKD Securities, JS, Arif Habib, KASB Bank, Trust Bank, Barclays and SCB.
The multinational foreign investment groups, business houses and top market leaders include from Aberdeen AM, Ashmore, Axa Framlington, Baillie Gifford, Baring Asset Management, Blackfriars, Blackrock, Charlemagne, Eton Park, Fidelity, Fortis, Genesis investment Management, Goldmans, Henderson/ New Star, Hermitage, Insight Investment, Investec, J.P. Morgan Asset Management, Jupiter Asset Management Ltd, M & G, Martin Currie, Mondrain, Neptune, Och-Ziff, Pictet, Polunin, SAC, Sarasin, Schroders, Smith & Williamson, Standard Life, Threadneedle and others.
The opposition leader in Senate of Pakistan Senator Wasim Sajjad, Chairman Senate Standing Committee on Privatisation Senator Adnan Shah, members of the Committee Senator Ilyas Bilour and Senator Imtiaz Shaikh will also participate in the moot. The event will showcase opportunities available to international investors in the Pakistan economy and is designed to both showcase a number of Pakistan based listed and public companies and connect them with a wide range of senior representatives from the international buy-side investor and corporate advisor communities.
It will further strengthen these economic links and also bring direct benefits to the companies presenting and the wider economy of Pakistan and it will bring closer the leading business and investment groups to explore the areas of interest.
Senate Standing Committee on Privatisation (SSCOP) has already given unanimous support to the Privatisation Commission (PC) for its equity-linked activity (Convertible Bonds) in the global market to turnaround State Owned Entities (SoEs), while PC Board has also given go ahead in this regard. The proposal was recently presented at the highest level before the president and Prime Minister on November 22, 2010.-PR