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Daily Archives: March 26, 2012

Pakistan Telecommunication Company has extended an assistance of Rs2.3 million

Karachi: Pakistan Telecommunication Company (PTCL) Senior Executive Vice President Human Resource, Syed Mazhar Hussain has said that his organization is fully committed to play its role as a responsible corporate entity for the betterment of society. “As a socially responsible corporate entity, PTCL has always endeavoured to stand on the …

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Pakistan Petroleum Limited’s secondary public offering – cabinet committee on privatization (CCOP) approves sale of 2.5% of GOP shares of PPL

Karachi: The Cabinet Committee on Privatization met in Islamabad on 22 March, 2012 under the chairmanship of Federal Minister for Finance and Economic Affairs, Dr. Abdul Hafeez Shaikh. The Committee agreed in principle to approve the summary moved by the Privatization Commission, Ministry of Privatization for the Transaction Structure and …

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Dawood Hercules Corporation Limited’s acquisition of Shares of the Hub Power Company Limited (Hubco)

Karachi: We, Dawood Hercules Corporation Limited (DAWH) (the Company), would like to inform you that the Company and DH Fertilizers Limited (which is a wholly owned subsidiary of the Company) have executed a Share Purchase Agreement for proposed acquisition of ordinary shares of Hubco from the National Power International Holdings …

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The Government of Pakistan signed an agreement with the World Bank amounting to US$ 150 million as Additional Financing for Social Safety Net Project on 26th March, 2012 in the Economic Affairs Division

Islamabad: The objective of the project is to support the expansion and strengthen the administration and performance of Pakistan’s safety net with particular focus on the BISP as the national safety net platform. The project consists of the following parts: Part 1: Establishing a National Targeting System and Expanding Coverage …

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