August 8, 2003	Friday	Jumadi-us-Sani 9, 1424

ISLAMABAD, Aug 7: Privatization Commission has invited Expressions of Interest for the privatization of Kohinoor Oil Mills (KOML) through the sale of up to 65pc shares (approximately) on “as is where is” basis from the interested parties latest by August 23, 2003. The liabilities owed to the government will not be passed on to buyer. The mills vegetable ghee plant has a capacity to produce 27200 M. Ton of Ghee while the solvent extraction plant has annual rated capacity of 33000 ton. Unlike other ghee mills, this unit also has seed handling/crushing equipment as well as solvent extraction plant (SEP). SEP was closed down in 1995 while Ghee manufacturing was stopped in 1997. All employees of this unit were laid off by paying GHS/VHS in 1997. Summary profile of the company can be obtained free of cost from PC from August 11, 2003.