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Referring to a news item appearing in a section of the press stating that ‘the Privatisation Commission was likely to hold bidding for a 51 percent stake in the PSO on May 19, 2007’, a spokesman of the Privatisation Commission clarified that all the pre-qualified parties have completed the due diligence and were completing the site visit phase, which would be followed by pre-bid conference to create better understanding of the transaction and the bidding process and to respond to the queries of the potential bidders. Final, bidding date, within the current financial year, will be announced shortly, the spokesman concluded.