Completed Transactions 2024

Privatised Transactions

 

From  1991 to January 2024

 

 

 

 

 

Rs (in million)

 

Sr. No

Unit Name

 Sale Price

Date of Transfer

Buyer Name

 
 

Banking and Finance

 

Bank

 

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% (1,549,465,680 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 (51%)

    22,409

Dec-03

Agha Khan Fund for Economic Development

 

 

Total

    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% SPO (66,057,000 shares)

      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 international & domestic institutions

 

OGDCL 0.4% GDR (18,000,000 shares)

      2,070

Apr-07

General Public Thru Stock Exchange

 

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)

    39,540

Jun-07

GDR offering to international & domestic institutions

 

29

HBL 7.5% thru IPO (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

Thru Stock Exchange

 

31

PPL 5% (70,055,000 shares)

    15,342

Jun-14

Thru Stock Exchange

 

32

ABL (131,275,073 shares)

    14,440

Dec-14

Thru Stock Exchange

 

33

HBL (609,317,135 shares)

  102,365

Apr-15

Thru Stock Exchange

 

 

Total

  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

Sep-15

Mansoor Al Mosaid Company

 

 

Total

    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

  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

A. 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

      1,102

 

 

 

Cement

 

60

Maple Leaf Cement

         486

Jan-92

Nishat Mills Ltd.

 

61

Pak Cement

         189

Jan-92

Mian Jehangir Ellahi & Associates

 

62

White Cement

         138

Jan-92

Mian Jehangir 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 Karachi

 

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

    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

 

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

      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

 

100

Heavy Electrical Complex

      1,410

Jan-24

IMS Engineering (Pvt.) Ltd.

 

 

Total

      1,593

 

 

 

Fertilizer

 

101

Pak China Fertilizers Company Limited

         435

May-92

Schon Group

 

102

Pak Saudi Fertilizers Ltd. (90%)

      7,336

May & Sep-02

Fauji Fertilizers

 

103

Pak Saudi Fertilizers Ltd. (10%)

         815

Sep-02

Fauji Fertilizers Ltd.

 

104

Pak Arab Fertilizers (Pvt) Ltd. (94.8%)

    14,126

May-05

Export Reliance- Consortium

 

105

Pak Amercian Fertilizers (100%)

    15,949

Jul-06

Azgard 9

 

106

Lyallpur Chemical & Fertilizers

         280

Feb-07

Al Hamd Chemical (Pvt) Limited

 

107

Hazara Phosphate Fertilizers Limited

      1,340

Nov-08

Pak American Fertilizers

 

 

Total

    40,281

 

 

 

Ghee

 

108

Fazal Vegetable Ghee

           21

Sep-91

Mian Mohammad Shah

 

109

Associated Industries

         152

Feb-92

Mehmoob Abu-er-Rub

 

110

Sh Fazal Rehman

           64

Apr-92

Rose Ghee Mills

 

111

Sh Fazal Rehman (additional 10% shares)

             2

May-05

Rose Ghee Mills

 

112

Kakakhel Industries

           55

May-92

Mehmoob Abu-er-Rub

 

113

United Industries

           16

May-92

A. Akbar Muggo

 

114

Haripur Vegetable Oil

           30

Jul-92

Malik Naseer & Associates

 

115

Bara Ghee Mills

           28

Jul-92

Dawood Khan

 

116

Hydari Industries

              -    

Aug-92

EMG

 

117

Chiltan Ghee Mills

           43

Sep-92

Baluchistan Trading Co.

 

118

Wazir Ali Industries

           32

Dec-92

Treat Corporation

 

119

Asaf Industries (Pvt) Limited

           11

Jan-93

Muzafar Ali Isani

 

120

Khyber Vegetable

             8

Jan-93

Haji A. Majid & Co.

 

121

Suraj Vegetable Ghee Industries

           11

Jan-93

Trade Lines

 

122

Crescent Factories Vegetable Ghee Mills

           46

Jan-93

S. J. Industries

 

123

Bengal Vegetable

           19

Mar-93

EMG

 

124

A & B Oil Industries Limited

           29

Mar-93

Al-Hashmi Brothers

 

125

Dargai Vegetable Ghee Industries

           26

Nov-97

Gul Cooking Oil Industries

 

126

Punjab Vegetable Ghee

           19

May-99

Canal Associates

 

127

Burma Oil

           20

Jan-00

Home Products International

 

128

E&M Oil Mills

           94

Jul-02

Star Cotton Corp. Ltd.

 

129

Maqbool Oil Company Ltd.

           28

Jul-02

Madina Enterprises

 

130

Kohinoor Oil Mills

           81

May-04

Iqbal Khan

 

131

United Industries Limited

             8

Sep-05

A. Akbar Muggo

 

 

Total

         842

 

 

 

Mineral

 

132

Makerwal Collieries

             6

Jul-95

Ghani Group of Industries

 

Rice

 

133

Sheikhupura

           28

May-92

Contrast Pvt Ld.

 

134

Faizabad

           21

May-92

Packages Ltd.

 

135

Siranwali

           16

Jul-92

Enkay Enterprises

 

136

Hafizabad

           20

Sep-92

Pak Pearl Rice Mills

 

137

Eminabad

           24

Nov-92

Pak Arab Food Industries

 

138

Dhaunkel

           79

Jun-93

Dhonda Pakistan Pvt Ltd.

 

139

Mabarikpur

           14

Nov-93

Maktex (Pvt) Ltd.

 

140

Shikarpur

           33

Mar-96

Afzaal Ahmad

 

 

Total

         236

 

 

 

Roti Plants

 

141

Gulberg, Lahore

             9

Jan-92

Packages Ltd.

 

142

Peshawar

             3

Jan-92

Saleem Group of Industries

 

143

Head Office, Lahore

           10

Jan-92

Hajra Textile Mills

 

144

Hyderabad

             3

Jan-92

Utility Stores Corp.

 

145

Faisalabad

           12

Jan-92

Azad Ahmad

 

146

Bahawalpur

             2

Feb-92

Utility Stores Corp.

 

147

Multan

             3

Feb-92

Utility Stores Corp.

 

148

Quetta

             5

Feb-92

Utility Stores Corp.

 

149

Islamabad

             4

Mar-92

Utility Stores Corp.

 

150

Taimuria, Karachi

             9

Jun-92

Spot Light Printers

 

151

SITE, Karachi

             5

Sep-92

Specialty Printers

 

152

Multan Road, Lahore

             4

Dec-92

Utility Stores Corp.

 

153

Korangi, Karachi

             5

Apr-93

Utility Stores Corp.

 

154

Mughalpura, Lahore

              -    

Jun-96

Pakistan Railways

 

155

Gulshan-e-Iqbal, Karachi

           20

Mar-98

Ambreen Industries

 

 

Total

           91

 

 

 

Textile

 

156

Quaidabad Woollen Mills

           86

Jan-93

Jehangir Awan Associates

 

157

Cotton Ginning Factory

             1

Jun-95

Hamid Mirza

 

158

Bolan Textile Mills

         128

Oct-05

Sadaf Enterprises

 

159

Lasbella Textile Mills

         156

Nov-06

Raees Ahmed

 

 

Total

         371

 

 

 

 

Total (all Industrial Units)

    62,340

 

 

 

Miscellaneous

 

 

 

 

 

160

National Tubewell Construction Corp.

           19

Sep-99

Through Auction

 

161

Duty Free Shops

           13

Sep-99

Weitnaur Holding Ltd.

 

162

Republic Motors (Plot)

             6

Nov-99

Muhammad Mushtaq

 

163

Al Haroon Building Karachi

         110

Sep-02

LG Group

 

164

International Advertising (Pvt) Ltd.

             5

Apr-05

EMG

 

 

Total

         153

 

 

 

Newspapers

 

165

N.P.T Building

         185

Oct-93

Army Welfare Trust

 

166

Mashriq – Peshawar

           27

Jun-95

Syed Tajmir Shah

 

167

Mashriq – Quetta

             6

Jan-96

EMG

 

168

Progressive Papers Ltd.

           46

May-96

Mian Saifu-ur-Rahman

 

169

Mashriq – Karachi

             7

Aug-96

EMG

 

 

Total

         271

 

 

 

Tourism

 

170

Cecil's Hotel

         191

Jun-98

Imperial Builders

 

171

Federal Lodges - 1- 4

           39

Jan-99

Hussain Global Assoc.

 

172

Dean's Hotel

         364

Dec-99

Shahid Gul & Partners

 

173

Falleti's Hotel Lahore

      1,211

Jul-04

4B Marketing

 

 

Total

      1,805

 

 

 

Sale of Public Properties

 

174

Apartment 207-A at Centaurus Residencia, F-8/4, Islamabad - 2,642 sq.ft.

      61.00

Apr-21

M/s Beacon Impex (Pvt.) Limited

 

175

Flat 06, 2nd Floor, Block 01, G-7/2, PHA Foundation Islamabad - 1,380 sq.ft.

      15.25

Mar-21

Ms. Zainab Malik

 

176

Shop No. F-10 at Vouge Tower, MM Alam Road Lahore - 717 sq.ft.)

      14.59

Jan-21

M/s Escorts Capital Limited

 

177

Shop No. UG-20 at Vouge Tower, MM Alam Road Lahore - 606 sq.ft.

      16.26

Jan-21

M/s Escorts Capital Limited

 

178

Shop No. UG-21 at Vouge Tower, MM Alam Road Lahore - 509 sq.ft.

      13.73

Jan-21

M/s Escorts Capital Limited

 

179

Land situated at Railway Phatok, Atawa Tehsil, Gujranwala - 8 Kanal

      20.60

May-21

Mr. Adnan Hamid

 

 

Total

    141.43

 

 

 

 

Total (Misc.)

      2,371

 

 

 

179

Total (1991 to January 2024)

  650,524