Kot Addu Power Company Limited
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The Privatization Commission, Government of Pakistan has made an offer for the sale of 88,025,000 shares of the Kot Addu Power Company Limited (KAPCO). The offering is being made at a price of PKR 30/share with premium at PKR 20/share. In the event of oversubscription, the offerer shall exercise the green shoe option and offer up to 88,025,000 additional ordinary shares (approximately 10% of the capital) out of WAPDA's shareholding in the company.
The trading of shares on the provisional counter will begin on February 14, 2005. All Pakistani residents and non-residents, provident, pension, gratuity and trust funds, and corporate entities are allowed to subscribe for the shares. The subscription list will open Insha-Allah at the commencement of banking hours on February 21, 2005 and will close at the end of banking hours on February 24, 2005. KAPCO's provisional trade history is available here.
This is a great opportunity to take an ownership stake in a highly profitable company with a long and respectable operational track record. You can find out more about KAPCO in the official Offer For Sale Document (OFSD), available here.
To subscribe for the shares, download and print one of the following two forms:
If you have any questions regarding KAPCO or require assistance with the application form, please don't hesitate to contact Mr Faisal Rasheed or Mr Ashraf Rahmani at (042) 636-8585, (042) 636-8555, or (042) 631-4141. You may also email us at email@example.com.
Investors are STRONGLY advised to read the contents of the Offer For Sale Document carefully before subscribing to KAPCO shares. In particular, you must be aware of the risk factors as detailed in Part 4 of the document.