Friday, February 11, 2011

To see light Govt shares

Deadlines to face 21 enterprises.

As a breakthrough in offloading shares of state-owned enterprises finally came, the wait for government shares is likely to end soon. The government set deadlines for 21 SoEs. The offloading schedule is below:
Sl.
Name of
Company
Deadlines
Offloading
Share (%)
01.
Meghna Petroleum
27 February, 2011
17%
02.
Jamuna Oil Company
do
17%
03.
Titas
March 2011
15%
04.
Desco
do
15%
05.
Bangladesh Shipping Corporation
do
17.5
06.
Liquefied Petroleum Gas
do

07.
Sheraton Hotel
31 March, 2011
20%
08.
Telephone Shilpa Sangstha
April, 2011

09.
CNG Company
do

10.
Progoti
June, 2011

11.
Chittagong Dry Dock
do

12.
Bangladesh Biman
do

13.
Essential Drugs
do

14.
Bangladesh Cable
do

15.
Sonargaon Hotel
do

16.
Bakhrabad Gas Transmission and Distribution
July, 2011

17.
Teletalk
September, 2011

18.
BTCL
do

19.
Karnaphuli Paper Mills
December, 2011

Shares of Padma Oil will not be offloaded as already 50 percent of its shares are on the market. Rural Power Co's shares will not be sold, as its 79 percent shares are held by different samities (associations). The government has also decided not to offload Bangabandhu Bridge, saying that its shares will be sold along with the Padma Bridge.The plan for offloading the shares of different sugar mills and a blade factory was dropped from the list.

No comments:

Post a Comment