31
Dec
10:31
Pakistan Steel Mills awaits creditor’s clearance for privatisation
The Pakistani government has requested Sui Southern Gas Company (SSGC) to issue a “No Objection Certificate” with its board to expedite the privatisation of Pakistan Steel Mills (PSM).
The government aims to commence bidding for a majority stake in PSM in March-April 2022, Kallanish notes. The former has also submitted the scheme of arrangement for PSM to the Securities and Exchange Commission of Pakistan (SECP) and sought its approval. “SECP has…
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Anonymous
Very good overview of the weekly steel market.
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