Sale of PMTF

Published December 9, 2007

ISLAMABAD, Dec 8: The Privatisation Commission here on Saturday extended the last date for submission of Expressions of Interest (EoI) for acquisition of a minimum of 90pc shares of Pakistan Machine Tool Factory (Pvt) Limited (PMTF) up to Jan 22.

Earlier, the date for submission of EoI was set as Dec 10.

The Privatisation Commission has asked the interested parties to submit EoIs in duplicate together with a non-refundable processing fee of $ 5,000 (PKR 300,000) by January 22.

The last date for receiving request for statement of qualification (RSOQ) has been fixed as Feb 7, said a PC press release issued here on Saturday.

The PC has invited EoI from prospective investors engaged in manufacturing or engineering business who can efficiently manage and operate the company for acquisition of a minimum of 90pc shares of PMTF.—APP

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