ISLAMABAD, Jun 27: The Privatization Commission (PC) is holding apre-bid conference here on Tuesday for sale of 85.29 per cent shares of Mustekham Cement Limited (MCL) held by the holding company SCCP. PC has received forty-five (45) Expressions of Interest (EOI) from prospective investors and business houses in this regard. The pre-bid conference is being held to respond to the investors’ queries regarding the transaction and to inform them about the bidding process.

The companies, which have submitted EOIs for Mustekham Cement Company Limited include 4B Industries, Abdali Brothers, Afzal Motors, Al-Abbas Group of Companies, Al-Hamza Group of Companies, Ali Akbar Enterprises AGRO Division, Alloy Steel Company, AMTEX Pvt Ltd, Asgharali Group, Balochistan Glass Ltd, Bestway Cement Ltd, BNP Grp, Colony Textile Mills Ltd, DAL Teknik Engineering Group, Dewan Mushtaq Group, ELIXIR Securities Pakistan, Fauji Cement Company, Fecto Cement Ltd, Ghazi Grp, Gulistan Group of Companies, Hunza Group of Companies, Imran Pasha (pvt) Ltd, Ittehad Steel, Kohinoor Oil Mills, Lucky Cement Ltd, Maple Leaf Cement Factory Ltd, National Group, Premium Energy, Saif Telecom Ltd, Sapphire Group, Sarwak Clinker Sdn, Bhd, Sarhad Textile Mills Ltd, Shalimar Shoes Ltd, Silver Textile Factory, Subh-e- Noor, Swat Ceramics Company Pvt Ltd, The Petrosin Group, Usman enterprises, Privileged Developments, Pakistan Kuwait Investment Co, Three Stars Group of Companies, Habib Alvi Group of Companies, CEMEX Asia Pvt Ltd, Cement Friends Group and Pak Steel.

MCL is a public limited company listed on the stock exchange. The original unit commenced its production in 1966, while the new unit started commercial production in 1981.—APP