OGDCL listing on LSE today

Published December 6, 2006

LONDON, Dec 5: The Oil and Gas Development Company (OGDC) will become the second Pakistani company to be enlisted at the London Stock Exchange here on Wednesday after the company raised its Global Depositary Receipts (GDR) to US dollars 712 million.The Muslim Commercial Bank was the first Pakistani bank to be enlisted at the LSE in October after attracting US dollars 700 million worth of demand for its US dollars 150 million GDR issue.

Minister for Privatization and Investment Mr Zahid Hamid and Pakistan High Commissioner to UK Dr Maleeha Lodhi will attend ceremony for the listing and trading of the OGDCL at the London Stock Exchange.—APP

Opinion

Editorial

Centre vs provinces
Updated 10 Jun, 2026

Centre vs provinces

The reason the centre finds itself in this position is rooted in its failure to expand the tax net and boost revenues.
Party in crisis
10 Jun, 2026

Party in crisis

THE young KP chief minister must be starting to realise just how thorny a seat he occupies. There has been a flurry...
Varsity woes
10 Jun, 2026

Varsity woes

FINANCIAL crises affecting public sector universities across Pakistan are now having an impact on academic...
Doctor attacked
09 Jun, 2026

Doctor attacked

AN act of reprehensible violence has shaken the medical community. On Saturday, an employee of the Provincial Civil...
AJK flare-up
Updated 09 Jun, 2026

AJK flare-up

The situation started deteriorating after a trader affiliated with the JAAC was reportedly shot in an altercation with law-enforcers.
Fault lines
09 Jun, 2026

Fault lines

THE April 8 ceasefire that halted hostilities between Israel and Iran has encountered its most serious test yet....