AGL 40.10 Decreased By ▼ -0.90 (-2.2%)
AIRLINK 127.80 Decreased By ▼ -0.34 (-0.27%)
BOP 6.60 Decreased By ▼ -0.10 (-1.49%)
CNERGY 4.60 Increased By ▲ 0.08 (1.77%)
DCL 8.58 Decreased By ▼ -0.03 (-0.35%)
DFML 41.40 Increased By ▲ 0.31 (0.75%)
DGKC 86.50 Decreased By ▼ -0.63 (-0.72%)
FCCL 32.13 Decreased By ▼ -1.26 (-3.77%)
FFBL 65.40 Decreased By ▼ -0.01 (-0.02%)
FFL 10.27 Decreased By ▼ -0.20 (-1.91%)
HUBC 110.60 Decreased By ▼ -0.03 (-0.03%)
HUMNL 14.70 Decreased By ▼ -0.60 (-3.92%)
KEL 5.15 Increased By ▲ 0.17 (3.41%)
KOSM 7.15 Decreased By ▼ -0.28 (-3.77%)
MLCF 41.69 Decreased By ▼ -1.30 (-3.02%)
NBP 60.20 Decreased By ▼ -0.22 (-0.36%)
OGDC 194.48 Decreased By ▼ -3.16 (-1.6%)
PAEL 27.95 Decreased By ▼ -1.06 (-3.65%)
PIBTL 7.98 Decreased By ▼ -0.28 (-3.39%)
PPL 150.52 Decreased By ▼ -3.64 (-2.36%)
PRL 27.08 Increased By ▲ 2.08 (8.32%)
PTC 16.08 Decreased By ▼ -0.01 (-0.06%)
SEARL 78.20 Decreased By ▼ -0.25 (-0.32%)
TELE 7.42 Increased By ▲ 0.05 (0.68%)
TOMCL 35.70 Decreased By ▼ -0.39 (-1.08%)
TPLP 7.90 Decreased By ▼ -0.17 (-2.11%)
TREET 15.87 Decreased By ▼ -0.09 (-0.56%)
TRG 52.70 Decreased By ▼ -0.66 (-1.24%)
UNITY 26.65 Decreased By ▼ -0.06 (-0.22%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 9,920 Decreased By -52.1 (-0.52%)
BR30 30,751 Decreased By -346.3 (-1.11%)
KSE100 93,225 Decreased By -423.8 (-0.45%)
KSE30 28,885 Decreased By -132.9 (-0.46%)

ISLAMABAD: The Privatisation Commission Board met on Monday under the chairmanship of Minister for Privatisation/ Chairman Privatisation Commission Abdul Aleem Khan to review the recommendations of the pre-qualification committee in light of the results of the scrutiny/ evaluation of the Statement of Qualifications (SOQs) submitted by eight interested parties for divestment of Pakistan International Airlines Corporation Limited (PIACL).

The board, after detailed deliberations and keeping in view the criteria including technical, financial and documentary requirements stipulated in the RSOQ, decided to pre-qualify six interested parties namely (1) Fly Jinnah Limited, (2) Air Blue Limited, (3) Arif Habib Corporation Limited, (4) Consortium Lead by YB Holdings (Private) Limited (Consortium members comprises Pioneer Cement Limited, Artistic Milliners Limited, ANS Capital Private Limited, Metro Ventures Private Limited), (5) Consortium Lead by Pak Ethanol (Consortium members comprises AirSial Limited, Serene Airlines Private Limited, Liberty Daharki Power Limited), and (6) Consortium Lead by Blue World City (Consortium members comprises Blue World Aviation, IRIS Communication Limited).

RSOQ provides that Consortium members (not LEAD) can be added/ replaced, with the permission of Privatisation Commission, 15 days prior to bid submission date provided that the proposed new member of consortium and the Consortium meets the requirements of RSOQ. The pre-qualified Interested Parties will be invited to the next stage of bidding process to start buy-side due diligence.

Earlier, in response to the invitation of Expression of Interest (EoI), for divestment of PIACL, published advertisement in leading national and international newspapers on 2nd and 3rd April 2024, Privatisation Commission had received SOQs from eight interested parties by the last date i.e. 17th May 2024.

Copyright Business Recorder, 2024

Comments

Comments are closed.