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Bidding for the sale of minimum of 90% shares of Lyallpur Chemicals &
Fertilizers Limited (LCFL) is being held on December 02, 2006 (Saturday) at 10
a.m in the conference room of the Privatisation Commission at Islamabad in the
presence of the representatives of the print and electronic media. Mr. Zahid
Hamid Federal Minister for Privatisation & Investment will supervise the
bidding process.
Three parties include 1. Al-Hamd Chemicals (Pvt) Ltd Lahore, 2. ATC Processing
(Pvt) Ltd Lahore and 3. Sheikh Muhammad Tahir & Sheikh Muhammad Akbar Lahore
have deposited the earnest money of Rs.40 million each to become eligible for
participating in the bidding.
National Fertilizer Corporation of Pakistan Limited (NFC) is the owner of
Lyallpur Chemicals & Fertilizers Limited (LCFL), which is an unlisted public
company registered under the Companies Ordinance 1984. The authorized, issued
and paid up capital of the company is Rs. Ten (10) million with one (1)
million share of Rs. 10/- each.