Islamabad, May 09, 2014 (PPI-OT): Board Meeting (05/2014) of Privatisation Commission was held today under the Chairmanship of Mohammad Zubair, MoS/ Chairman Privatisation Commission. Board Members including Mr. Arsala Khan Hoti, Mr. Nasiruddin Ahmad, Mr. Zafar Iqbal Sobani, Farooq Khan, Mr. Khurram Schehzad, Mr. Zafar Iqbal, Mr. Zaffar Iqbal and Sardar Ahmad Nawaz Sukhera, Secretary Privatisation Commission attended the meeting.
The Chairman welcomed the Members and briefed about the progress made in the last Board Meeting. The Board approved the transaction structure for United Bank limited (UBL) and recommended it for the Cabinet Committee on Privatisation (CCOP) approval.
The Board also approved some administrative issues for Privatisation Commission administration. The Board was apprised about the extension issued in respect of submission of EOI for PIA transaction as requested by the interested parties, being complex transaction in nature.
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