KPMG Consortium to Advise on HBFCL Privatisation

The Privatisation Commission has signed an agreement with a KPMG-led consortium to advise on the sale of House Building Finance Company Limited (HBFCL). This marks the government's second attempt to privatise the housing finance company, with the consortium providing financial, legal, HR, and PR expertise. Their role includes due diligence, transaction structuring, valuation, and assisting through the marketing and execution phases. While a positive step for structural reform, this procedural development is unlikely to have an immediate, direct impact on Pakistan's gold or currency markets.

بحوالہ / Source: www.brecorder.com