ISLAMABAD: The Privatisation Commission (PC) on Thursday temporarily suspended the divestment process of Pakistan Engineering Company Ltd (Peco). A meeting of the PC board presided over by Abid Hussain Bhayo was briefed on the current status and asked the Ministry of Industries and Production (MoIP) to take immediate actions to address the issues before proceeding further on the Peco transaction. The board decided Peco’s privatisation … Continue reading PC board suspends Peco transaction