Can't find what you're looking for? Try Google Search!

Thursday, March 10, 2011

Joint body to oversee OGDC bonds sale


ISLAMABAD, March 10: The Board of Privatisation Commission at its meeting here on Thursday
approved roadmap for capital market transaction of various state-owned entities up to the end of current
fiscal year in June.
It also allowed the Privatisation Commission to initiate process for hiring financial advisor to launch
exchangeable bonds for the OGDC.
The PC Board whose meeting was chaired by Federal Minister for Privatisation, Syed Naveed Qamar, also
decided that a committee comprising officials of the ministries of finance and petroleum and the
Privatisation Commission would jointly administer the sale of international bonds for OGDC.