Article: Bidding for sale of Faletti's hotel in 3rd week of Feb.

LAHORE, January 19,: Privatization Commission will hold the bidding among the prospective bidders for the sale of Faletti's Hotel, Lahore on 'as is where is' basis during the third week of February 2004. This was decided in the second round of the pre-bid conference held here Monday under the chairmanship of Mr. Ahmad Waqar Secretary Privatization Commission. Sixteen parties who had submitted EOIs were invited to attend the conference for better understanding of the transaction and the bidding process and to respond to the queries of the prospective bidders regarding the sale. The second round was participated by 12 parties while the first Round of pre-bid conference was ...

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