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Waves Singer Pakistan Limited submitted an expression of interest to acquire 96.6% shares of Heavy Electrical Complex from the Government of Pakistan through privatization.
“The board of directors of Waves Singer Pakistan Limited (WSPL) has approved submission of an expression of interest (EOI) for the acquisition of 96.6 percent shares in Heavy Electrical Complex (Private) Limited (HEC) from the Government of Pakistan by way of privatization process.”thenews.com.pk
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