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Kohat Cement Company, together with Power Holdings Limited, Lucky Cement Limited and Metro Ventures (Private) Limited, has formed a consortium that was pre-qualified and shortlisted to conduct due diligence on Gujranwala Electric Power Company (GEPCO), which is being offered for divestment by the Government of Pakistan. The consortium submitted an Expression of Interest and Statement of Qualification for a proposed acquisition of a 51% to 100% equity stake with management control. No binding commitment has been entered into; any acquisition would depend on due diligence, approvals, commercial viability and a competitive bidding process.
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
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