📈 Material News · AKDSL AKD Securities Limited has announced its participation as the Lead Consortium Member in a consortium formed for the privatization of GEPCO, following the Request for Statement of Qualification issued by the Privatization Commission.
- AKD Securities is leading a consortium that includes Fast Cables Limited, AJCL (Private) Limited, and Mughal Iron & Steel Industries Limited.
- The consortium aims to engage in the privatization process of GEPCO, although no binding obligations have been assumed yet.
- The transaction is subject to pre-qualification by the Privatization Commission and requires corporate and regulatory approvals.
- AKD Securities will keep the Pakistan Stock Exchange informed of any material developments regarding this transaction.
About this brief: prepared automatically by BSL’s research systems from the company’s filing with the exchange. A summary for information, not investment advice — the original filing is the authoritative record.
Original filing (PDF)