Privatisation of Heavy Electrical Complex completed

ISLAMABAD: The Privatisation Commission of Pakistan on Tuesday completed the privatisation process of Heavy Electrical Complex (HEC) by handing over the share certificates to the buyer M/s IMS Engineering (Pvt) Limited.

In a final settlement of Rs1.4 billion transaction, the buyer IMS Engineering has not only made full payment but has also taken over additional liabilities of Rs 752 million…

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News Source: arynews.tv