Fauji Fertilizer Company Limited (PSX: FFC) has taken a big step towards expanding its investment portfolio by expressing interest in acquiring stakes in Pakistan International Airlines Corporation Limited (PIACL).
According to the company’s disclosure at PSX today, the decision was made during FFC’s 234th Board of Directors meeting held on June 13, 2025. The board approved the submission of an Expression of Interest (EOI) and prequalification documents to the Privatization Commission as part of the government’s ongoing privatization process.
FFC also plans to conduct a comprehensive due diligence exercise to assess the viability and strategic fit of the potential investment in the national flag carrier.
The government seeks to offload its shareholding to improve the airline’s financial and operational performance.
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Ye watan tumhara hai, ham hain khah makhah is mein
Hahahahahaaaaaa
yeh le sakty hian g lota thora hia awam ko q k hum muslim hian
Good . Do it . Pay your taxes first.
We are back in zia days
Finally the cat is out, this is what privitaization is made for