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Tag Archives: Subsidiary to be set up to lease PSM

Subsidiary to be set up to lease PSM, court told


February 10, 2021

ISLAMABAD: The Supreme Court was told on Tuesday that a subsidiary or a special purpose vehicle (SPV) of the Pakistan Steel Mills (PSM) is likely to be set up by the end of this month that would take away the whopping liability of about Rs450 billion to make the bleeding mill free of all encumbrances. This initiative would help attracting …

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