ISLAMABAD, Aug 1: The Privatization Commission here on Thursday gave a final call to more interested parties to submit their expressions of interest (EoIs) for the acquisition of a minimum 75 per cent share of Lyallpur Chemical & Fertilizers Limited (LC&FL). The company was established by Pakistan Industrial Development Corporation (PIDC) in 1954.

According to the Privatization Commission announcement, a detailed information memorandum and bid documents will be provided to the interested parties who will furnish their EoIs latest by August 20.

The summary profile of LC&FL is available free of cost from the Privatization Commission. A pre-bid conference is scheduled on August 31, while last date for submission of earnest money together with the sealed bid, special power of attorney and application form is fixed as September 4.

The bidding will take place on September 7 at the Privatization Commission. The parties who have already submitted EoIs in response to earlier announcement have been asked to reaffirm their interest without payment of processing fee. LC&FL is an unlisted public limited company registered under the Companies Ordinance 1984.

The company has two units, one in Faisalabad and one in Jaranwala.