Privatised Transactions

From 1991 to 31st December 2015

Sr. No Unit Name

 Sale Price

(Rs in Mil.)

Date of Transfer Buyer Name

 Banking and Finance  

Banks
1 Allied Bank Limited  (51%) 972 Feb-91 EMG
2 Muslim Commercial Bank (75%) 2,420 Apr-91 National Group
3 Bankers Equity Ltd. (51%) 619 Jun-96 LTV Group
4 Habib Credit & Exchange 70 % (52,500,000) 1,634 Jul-97 Sh. Nahyan bin Mubarik Al-Nahyan
5 United Bank Ltd. 51% (264,180,000 shares) 12,350 Oct-02 Consortium of Bestway & Abu Dhabi Group
6 Bank Alfalah 30% (22,500,000 shares) 620 Dec-02 Abu Dhabi Group
7 Habib Bank Ltd. 51% (351,900,000 shares) 22,409 Dec-03 Agha Khan Fund for Economic Development
Total: Banks 41,023
Capital Market Transaction
8 Muslim Commercial Bank (6.8%) 563 Jan-01 MCB Employees-PF & Pension-F
9 Muslim Commercial Bank (4.4%) 364 Nov-01 MCB Employees-PF & Pension-F
10 NBP 10% shares IPO (37,300,000) 373 Feb-02 General Public Thru Stock Exchange
11 Muslim Commercial Bank-CDC (24,024,560 shares) 664 Oct-02 Sale thru CDC
12 Pakistan Oil Fields Limited -CDC (28,546,810 shares) 5,138 Oct-02 Sale thru CDC
13 Attock Refinery Limited -CDC (10,206,000 shares) 1,039 Jan-03 Sale thru CDC
14 ICP Lot – A 175 Sep-02 ABAMCO
15 ICP Lot – B 303 Oct-02 PICIC
16 ICP – SEMF 787 Apr-03 PICIC
17 NBP 10% SPO (37,303,932 shares) 782 Nov-02 Sale thru CDC
18 DG Khan Cement -CDC (3,601,126 shares) 63 Dec-02 General Public Thru Stock Exchange
19 NBP 3.52% 3rd offer (13,131,000 shares) 604 Nov-03 General Public Thru Stock Exchange
20 OGDCL 5% IPO (215,046,420 shares) 6,851 Nov-03 General Public Thru Stock Exchange
21 SSGC10% -SPO (67,117,000 shares) 1,734 Feb-04 General Public Thru Stock Exchange
22 PIA 5.8% shares SPO 1,215 Jul-04 General Public Thru Stock Exchange
23 PPL15% IPO (102,875,000 shares) 5,633 Jul-04 General Public Thru Stock Exchange
24 KAPCO 20% IPO (160,798,500 shares) 4,815 Apr-05 General Public Thru Stock Exchange
25 UBL 4.2% IPO (21,867,400 shares) 1,087 Aug-05 General Public Thru Stock Exchange
26 OGDCL 9.1% GDR (390,588,000 shares) 44,893 Dec-06 GDR offering to intl. institutions
OGDCL 0.4% GDR (18,000,000 shares) 2,070 Dec-06 GDR offering to  domestic institutions
27 OGDCL 0.5% SPO (21,505,000 shares) 2,360 Apr-07 General Public Thru Stock Exchange
28 UBL 25.0% GDR (202,343,752 shares) 39,450 Jun-07 GDR offering to international & domestic institutions
29 HBL IPO 7.5 % (51,750,000 shares) 12,161 Oct-07 General Public Thru Stock Exchange
30 UBL 19.6% (241,921,931 shares) 38,224 Jun-14 Strategic Investors
31 PPL  5% (70,055,000 shares) 15,342 Jun-14 Strategic Investors
32 ABL  (131,275,073 shares) 14,440 Dec-14 Strategic Investors
33 HBL  (609,317,135 shares) 102,365.0 Apr-15 Strategic Investors
Total: Capital Markets 303,494

Total Banking & Finance

344,517

Energy Sector

34 Mari Gas (20%) 102 Apr-94 Mari Gas Company Ltd.
35 Kot Addu Power Company  (26%) 7,105 Jun-96 National Power
36 Kot Addu Power Company (10%) 3,046 Nov-96 National Power
37 Kot Addu (Escrow A/c) 901 Apr-02 National Power
38 SSGC LPG business 369 Aug-00 Caltex Oil Pak.(Pvt) Ltd.
39 SNGPL LPG business 142 Oct-01 Shell Gas LPG Pakistan
40 Badin II (Revised) 503 Jun-02 BP Pakistan & Occidental Pakistan
41 Adhi 619 May-02 Pakistan Oil Field
42 Dhurnal 161 May-02 Western Acquisition
43 Ratana 25 May-02 Western Acquisition
44 Badin I 6,433 Jun-02 BP Pakistan & Occidental Pakistan
45 Turkwal 76 Jun-02 Attock Oil Company
46 NRL (51% shares) 16,415 May-05 Consortium of Attock Refinery Ltd.
47 KESC (73% GOP shares) 15,860 Nov-05 Hassan Associates
48 NPCC (88% GOP shares)(1,760,000 shares) 2,517 Sept.15 Mansour Al Mosaid Company
Total: Energy Sector 54,273

Telecommunications

49 PTCL   (2%) 3,033 Aug-94 General Public Thru Stock Exchange
50 PTCL    (10%) 27,499 Sep-94 Through DR form
51 26% (1.326 billion) B class shares of PTCL 155,992 Jul-05 Etiselat UAE
52 Carrier Telephone Industries 500 Oct-05 Siemens Pakistan Engineering Co. Ltd.
Total: Telecommunications Sector 187,024

Industrial Units

Automobile
53 Al-Ghazi Tractors Ltd. 106 Nov-91 Al-Futain Industries (Pvt) Ltd. UAE
54 National Motors Ltd. 150 Jan-92 Biboo Jee Services
55 Millat Tractors Ltd. 306 Jan-92 EMG
56 Baluchistan Wheels Ltd. 276 May-92 Abdul Qadir & Saleem I. Kapoorwala
57 Pak Suzuki Co. Ltd. 172 Sep-92 Suzuki Motors Co. Japan
58 Naya Daur Motors Ltd. 22 Jan-93 Farid Tawakkal & Saleem I. Kapoorwala
59 Bolan Castings 69 Jun-93 EMG
Total Automobile 1,102
Cement
60 Maple Leaf Cement 486 Jan-92 Nishat Mills Ltd.
61 Pak Cement 189 Jan-92 Mian Jehingir Ellahi & Ass
62 White Cement 138 Jan-92 Mian Jehingir Ellahi & Associates
63 D.G Khan Cement 1,961 May-92 Tariq Sehgal & Associates
64 Dandot Cement 637 May-92 EMG
65 Garibwal Cement 836 Sep-92 Haji Saifullah & Group
66 Zeal Pak Cement 240 Oct-92 Sardar M. Ashraf D. Baluch
67 Kohat Cement 528 Oct-92 Palace Enterprises
68 Dandot Works – National Cement 110 Jan-95 EMG
69 General Refractories Limited 19 Feb-96 Shah Rukh Engineering
70 Wah Cement 2,416 Feb-96 EMG
71 Associated Cement Rohri 255 Nov-03 National Transport Khi
72 Thatta Cement 794 Jan-04 Al Abbass Group
73 10% additional shares – Dandot Cement 8 Oct-04 EMG
74 10% additional shares – Kohat Cement 41 Oct-04 EMG
75 Mustehkam Cement Limited 3,205 Nov-05 Bestway Cement Limited
76 Javedan Cement Company Limited 4,316 Aug-06 Haji Ghani Usman & Group
Total: Cement 16,177
Chemical
77 National Fibres Ltd 757 Feb-92 Schon Group
78 Kurram Chemicals 34 Feb-92 Upjohn Company USA
79 Pak PVC Ltd 64 Jun-92 Riaz Shaffi Reysheem
80 Sind Alkalis Ltd 152 Oct-92 EMG
81 Antibiotics (Pvt) Ltd 24 Oct-92 Tesco Pvt) Ltd.
82 Swat Elutriation 17 Dec-94 Sahib Sultan Enterprises
83 Nowshera PVC Co. Limited 21 Feb-95 Al_syed Enterprises
84 Swat Ceramics (Pvt) Limited 39 May-95 Empeiral Group
85 Ittehad Chemicals 400 Jul-95 Chemi Group
86 Pak Hye Oils 54 Jul-95 Tariq Siddique Associates
87 Ravi Engineering Limited 5 Jan-96 Petrosin Products Pte
88 Nowshera Chemicals 21 Apr-96 Mehboob Ali Manjee
89 National Petrocarbon 22 Jul-96 Happy Trading
90 National Petrocarbon (add’l  10% shares) 2 Mar-02 Happy Trading
91 Khuram Chemicals (additional 10%) 6 Oct-03 Pfizer Pakistan
92 10% additional shares – Ittehad Chemicals 26 Oct-04 EMG
Total: Chemical 1,643
Engineering
93 Karachi Pipe Mills 19 Jan-92 Jamal Pipe Industries
94 Pioneer Steel 4 Feb-92 M. Usman
95 Metropolitan Steel Mills Limited 67 May-92 Sardar M. Ashraf D. Baluch
96 Pakistan Switchgear 9 Jun-92 EMG
97 Quality Steel 13 Apr-93 Marketing Enterprises
98 Textile Machinery Co 28 Oct-95 Mehran Industries
99 Indus Steel Pipe 43 Jul-97 Hussien Industries
Total: Engineering 183
Fertilizer
100 Pak China Fertilizers Company Limited 435 May-92 Schon Group
101 Pak Saudi Fertilizers Ltd. (90%) 7,336 May & Sep-02 Fauji Fertilizers
102 Pak Saudi Fertilizers Ltd. (10%) 815 Sep-02 Fauji Fertilizers Ltd.
103 Pak Arab Fertilizers (Pvt) Ltd. (94.8%) 14,126 May-05 Export Reliance- Consortium
104 Pak Amercian Fertilizers (100%) 15,949 Jul-06 Azgard 9
105 Lyallpur Chemical & Fertilizers 280 Feb-07 Al Hamd Chemical (Pvt) Limited
106 Hazara Phosphate Fertilizers Limited 1,340 Nov-08 Pak American Fertilizers
Total: Fertilizer 40,281
Ghee 
107 Fazal Vegetable Ghee 21 Sep-91 Mian Mohammad Shah
108 Associated Industries 152 Feb-92 Mehmoob Abu-er-Rub
109 Sh Fazal Rehman 64 Apr-92 Rose Ghee Mills
110 Sh Fazal Rehman (additional 10% shares) 2 May-05 Rose Ghee Mills
111 Kakakhel Industries 55 May-92 Mehmoob Abu-er-Rub
112 United Industries 16 May-92 A. Akbar Muggo
113 Haripur Vegetable Oil 30 Jul-92 Malik Naseer & Assoc.
114 Bara Ghee Mills 28 Jul-92 Dawood Khan
115 Hydari Industries             - Aug-92 EMG
116 Chiltan Ghee Mills 43 Sep-92 Baluchistan Trading Co.
117 Wazir Ali Industries 32 Dec-92 Treat Corporation
118 Asaf Industries (Pvt) Limited 11 Jan-93 Muzafar Ali Isani
119 Khyber Vegetable 8 Jan-93 Haji A. Majid & Co.
120 Suraj Vegetable Ghee Industries 11 Jan-93 Trade Lines
121 Crescent Factories Vegetable Ghee Mills 46 Jan-93 S. J. Industries
122 Bengal Vegetable 19 Mar-93 EMG
123 A & B Oil Industries Limited 29 Mar-93 Al-Hashmi Brothers
124 Dargai Vegetable Ghee Industries 26 Nov-97 Gul Cooking Oil Industries
125 Punjab Veg. Ghee 19 May-99 Canal Associates
126 Burma Oil 20 Jan-00 Home Products Intl
127 E&M Oil Mills 94 Jul-02 Star Cotton Corp. Ltd.
128 Maqbool Oil Company Ltd. 28 Jul-02 Madina Enterprises
129 Kohinoor Oil Mills 81 May-04 Iqbal Khan
130 United Industries Limited 8 Sep-05 A. Akbar Muggo
Total: Ghee 842
Mineral
131 Makerwal Collieries 6 Jul-95 Ghani Group of Industries
Rice
132 Sheikhupura 28 May-92 Contrast Pvt Ld.
133 Faizabad 21 May-92 Packages Ltd.
134 Siranwali 16 Jul-92 Enkay Enterprises
135 Hafizabad 20 Sep-92 Pak Pearl Rice Mills
136 Eminabad 24 Nov-92 Pak Arab Food Industries
137 Dhaunkel 79 Jun-93 Dhonda Pakistan Pvt Ltd.
138 Mabarikpur 14 Nov-93 Maktex Pvt) Ltd.
139 Shikarpur 33 Mar-96 Afzaal Ahmad
Total: Rice 236
Roti Plants
140 Gulberg, Lahore 9 Jan-92 Packages Ltd.
141 Peshawar 3 Jan-92 Saleem Group of Ind
142 Head Office, Lahore 10 Jan-92 Hajra Textile Mills
143 Hyderabad 3 Jan-92 Utility Stores Corp.
144 Faisalabad 12 Jan-92 Azad Ahmad
145 Bahawalpur 2 Feb-92 Utility Stores Corp.
146 Multan 3 Feb-92 Utility Stores Corp.
147 Quetta 5 Feb-92 Utility Stores Corp.
148 Islamabad 4 Mar-92 Utility Stores Corp.
149 Taimuria, Karachi 9 Jun-92 Spot Light Printers
150 SITE, Karachi 5 Sep-92 Specialty Printers
151 Multan Road, Lahore 4 Dec-92 Utility Stores Corp.
152 Korangi, Karachi 5 Apr-93 Utility Stores Corp.
153 Mughalpura, Lahore             - Jun-96 Pakistan Railways
154 Gulshan-e-Iqbal, Karachi 20 Mar-98 Ambreen Industries
Total: Roti Plants 91
Textile 
155 Quaidabad Woollen Mills 86 Jan-93 Jehangir Awan Associates
156 Cotton Ginning Factory 1 Jun-95 Hamid Mirza
157 Bolan Textile Mills 128 Oct-05 Sadaf Enterprises
158 Lasbella Textile Mills 156 Nov-06 Raees Ahmed
Total: Textile 371

Total: Industrial Units

60,930

Miscellaneous

159 National Tubewell Const Corpn 19 Sep-99 Through Auction
160 Duty Free Shops 13 Sep-99 Weitnaur Holding Ltd.
161 Republic Motors (Plot) 6 Nov-99 Muhammad Mushtaq
162 Al Haroon Building Karachi 110 Sep-02 LG Group
163 International Advertising (Pvt) Ltd. 5 Apr-05 EMG
Total 152
Newspapers
164 N.P.T Building 185 Oct-93 Army Welfare Trust
165 Mashriq – Peshawar 27 Jun-95 Syed Tajmir Shah
166 Mashriq – Quetta 6 Jan-96 EMG
167 Progressive Papers Ltd. 46 May-96 Mian Saifu-ur-Rahman
168 Mashriq – Karachi 7 Aug-96 EMG
Total: Newspapers 271
Tourism
169 Cecil’s Hotel 191 Jun-98 Imperial Builders
170 Federal Lodges – 1- 4 39 Jan-99 Hussain Global Assoc.
171 Dean’s Hotel 364 Dec-99 Shahid Gul & Partners
172 Falleti’s Hotel Lahore 1,211 Jul-04 4B Marketing
Total: Tourism 1,805

Total: Miscellaneous

2,228

Grand Total

648,972