Ghous Bux Khan Mahar Federal Minister for Privatisation will chair a meeting of Privatisation Commission (PC) Board being held on Monday (tomorrow) to formulate recommendations for Cabinet Committee on Privatisation (CCOP) and review the status and progress of various on-going and upcoming transactions at Privatisation Commission.
The PC Board will also examine the recommendations of the Pre-Qualification Committee (PQC) constituted by the PC Board, jointly administered by the PC and the Finance Division including members from SECP, M/o PNR, OGDCL, headed by a PC board member, which has evaluated the RFP package during a presentations session by the interested parties (IPs) and consider the hiring/appointment of Financial Advisory Consortia for the issuance of Oil & Gas Development Company Limited (OGDCL)'s Exchangeable Bonds by magnetising up to 10 percent of Government of Pakistan shareholding (up to 430,000,000 shares) in OGDCL (Transactions).-PR