Govt to disinvest shares in HBL, DISCOs
Chairman Privatisation Commission says formalities are being undertaken for the purpose
Finance Minister Ishaq Dar has directed the Privatization Commission to disinvest government's shares in Habib Bank Limited, power distribution companies and other state-owned enterprises in a transparent manner after completion of due process.
He stated this while chairing a meeting-cum-briefing on privatization in Islamabad.
Chairman Privatization Commission Muhmmad Zubair informed the minister that codal formalities, including appointment of advisors for discos, were being undertaken while financial advisors for the HBL had already been appointed.