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The Karachi Stock Exchange has notified 18 Bankers to the offer for the IPO of
Pakistan Petroleum Limited shares, being opened for subscription from July 19,
2004 till July 22, 2004 for four days during banking hours.
The respective codes and the names of 18 bankers to the offer are: 01-Allied
Bank, 02-ABN Amro Bank, 03-Bank Alfalah, 04-Banl AL Habib, 05-Faysal Bank,
06-First Women Bank, 07-Habib Bank A. G. Zurich, 08-Habib Bank Limited,
09-Jahangir Siddiqui Investment Bank, 10-KASB Bank, 11-Muslim Commercial Bank,
12-Metropolitian Bank, 13-National Bank of Pakistan, 14, Prime Commercial
Bank, 15- Saudi Pak Commercial Bank, 16-Sonari Bank, 17-Standard Chartered
Bank and 18-United Bank Limited.
It has been advised that in case of joint CDC accounts, the applicants can
apply upto a minimum of four applications. Such applicants will be required to
submit separate application for each or joint account holder along with
attested copy of NIC of the applicant. The applicants are required to attach
attested copy of new NIC along with application form. In case the applicant
has applied for the new NIC, the attested copy of old NIC with acknowledgment
receipt of the application of new NIC must be attached.
The application forms to be acceptable for subscription of the shares of the
company shall either contain rubber stamp of brokers with brokers code or
plain applications i.e., without any rubber stamp of the brokers. The
application forms can also be downloaded from the website of Privatisation
Commission www.privatisation.gov.pk , which are being published and will also
be available on July 18, 2004 in the national and regional dailies.
Photocopies of these forms are also acceptable.
All the investors are advised to avoid using the application forms for
subscription of shares of PPL, containing the printed name of members of the
Exchange with broker's code.