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ISLAMABAD: The Privatisation Commission on Sunday signed a Financial Advisory Services Agreement (Fasa) with a consortium led by accounting firm KPMG for the privatisation of the House Building Finance Corporation Limited (HBFCL).
In an announcement, the commission said the consortium also comprised corporate finance advisory company Bridge Factor, legal firm Haidermota & Co., human resource firm HRSG and Asiatic Public Relations to handle media affairs.
“The consortium brings together established expertise in financial advisory, transaction structuring and execution to support the Privatisation Commission in taking the HBFCL privatisation process forward,” the statement said.
This would be the second attempt to privatise the state-owned HBFCL.
