PSM attracts investors at road-show

The road show organised by the ministry of Privatisation for the revival of Pakistan Steel Mills (PSM) is turning out to be a great success as many international investors have shown keen interest in investing in PSM due to the enormous potential it holds for the economy of the country.

Investment Companies from China, Russia, and Korea have been briefed about the future prospect of the venture and details regarding the sale of shares in the newly-formed subsidiary of the PSM through Scheme of Arrangement (SoA).

Federal Minister and Secretary for Privatisation were present at the occasion and responded to the queries of the investors along with the financial advisors, senior legal consultants, and senior officers of the ministry.

The investors were informed that the response mechanism from the Ministry of Privatisation will be swift, affective and investors’ friendly, all the relevant information will be provided up to the satisfaction of the potential investors.

The details are being provided to the investors according to the directions of Prime Minister Imran Khan. In the end, the best possible investors will be shortlisted through a transparent process.