Article: PC: L's handing over ceremony today.

Islamabad, August 22 (PPI): A Share Purchase Agreement handing over ceremony of the Javedan Cement Limited (JCL) is being held today (Wednesday) here at a local hotel to its successful bidder. The handing over ceremony would be held in the presence of Mr. Zahid Hamid, Federal Minister for Privatisation & Investment and the representatives of the print & electronic media.The Privatisation Commission (PC) received highest offer of Rs.80 per share making a total of Rs.4. 315 billion for the sale of 96.34 % shares of JCL from Haji Ghani Usman and Group during a bidding process held in September last year. The highest bid received was duly recommended by the PC Board and ...

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