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The Privatisation Commission, Government of Pakistan has offered up to
17,605,000 shares of Kot Adu Power Company Limited (KAPCO) to regular WAPDA
employees. These shares will be offered in lots of 500 each per employee up to
a maximum of 35,210 Employees. In case, more than 35,210 applications are
received, computerized balloting will be conducted to select 35,210 successful
applicants.
The offer price is Rs.30/-per share and the application must be accompanied by
a cheque or pay order for the amount of Rs.15, 000/-Application forms are
available at WAPDA Head Office, the CBA office and all branches of Allied Bank
Limited, Habib Bank Limited, Muslim Commercial Bank and United Bank Limited,
and the website
www.privatsation.gov.pk . Photocopies of the application form are also
acceptable. Completed application forms will be accepted at branches of the
above named banks during banking hours on June 27,28 and 29,2005.
Fictitious and multiple applications (more than one application by a single
applicant) are prohibited and such applications' money shall be liable to
confiscation.