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The Federal Minister for Privatisation & Investment Dr. Abdul Hafeez Shaikh
will address the Road Show.for the Initial Public Offering (IPO) for the sale
of 2.5 % shares of Oil & Gas Development Company Limited (OGDCL) being held at
Sheraton Hotel, Karachi on Monday October 13, 2003 at 4 p.m under the auspices
of the Privatisation Commission and the Lead Managers for the offer for sale
of OGDCL shares, KASB Securities.
The Initial Public Offering (IPO) of 2.5 % shares(107.5 million shares) of
Oil & Gas Development Company Limited (OGDCL) has a green shoe option of
additional 2.5 % shares in case of over subscription. Preference will be given
to applicants for the minimum lot of 1000 shares, which are being offered at a
price of Rs. 32/ = per share. It will be the second Road Show in this
connection while the Road Show at Lahore is being organized on October 15,
2003.