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Pakistan oil firm IPO on Oct 22
- Sunday, October 05 - 2003 at 07:54
Pakistan has set the IPO price for the country's biggest state-run oil exploration firm, Oil and Gas Development Corp of about USD0.57 a share. It plans to sell 2.5 per cent from October 22-24 with an option to raise the sale to 5 per cent. Pakistan is separately trying to sell 51 per cent shares to local or international companies.
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