Hints and tips:
...PSO has also failed to collect money it was meant to receive from privately run electricity generation companies, who in turn are owed large payments by government-owned power distribution companies....
...– which market analysts predict could raise up to $600m – has intensified since it emerged last week that BP, the UK oil and gas group, has teamed up with Pakistan’s Kohinoor business group to bid for PSO...
...Two years ago, he changed its incorporation from a limited to an unlimited company to avoid outside scrutiny....
...Last month, the privatisation ministry invited prospective investors in PSO to submit statements of qualification by January 15. “We hope there would be strong interest....
...economic recovery has benefited stocks in sectors such as banking and energy, as well as individual companies such as the government-owned Oil and Gas Development Corporation (OGDC) and Pakistan State Oil (PSO...
...companies that have done well include Pakistan Petroleum Ltd [PPL] - the government owned company which owns Pakistan's largest gas field, as well as oil marketing companies such as Pakistani State Oil [PSO...
...The government is selling a 51 per cent stake in PSO, together with management control, and the deadline for buyers to express interest has been extended to the end of March....
International Edition