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The Privatisation Commission has announced that the physical share
certificates of Kot Addu Power Company (KAPCO) along with transfer deeds have
been delivered to the Bankers to the offer. The successful applicants have
been asked to collect their shares from the bank/ branch through which they
tendered their application. The Central Depository Company of Pakistan Limited
(CDC) has also credited the shares of those applicants who opted to receive
shares in their respective accounts in Central Depository System. PC has also
advised the successful applicants receiving shares in physical form to
contact the share registrar THK Associates Ground Floor, Modern Motor House,
Beaumont Road, Karachi (Ph: 021-5689021 and Fax:021-5655595) for signature
verification and transfer of shares.
The Initial Public Offering (IPO) of 20 % (176 million) shares of Kot Addu
Power Company (KAPCO) has broken all the previous records of participation
with a response from 1.4 million people, which is four and half times above
the required participants, including 1.39 million resident and 10,000
overseas/ non-resident Pakistanis. A total number of 3,16000 small investors
would be benefiting from the offer by the Privatisation Commission.