DAWN.COM

Today's Paper | May 17, 2024

Published 08 Aug, 2003 12:00am

EoIs invited for Kohinoor Ghee Mills

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.

Read Comments

Dubai Unlocked: Pakistan’s multi-billion dollar property pie Next Story