KOHC · Kohat Cement Company Limited
Kohat Cement Joins Consortium to Evaluate Acquisition of IESCO
Official PSX filing title: Material Information
- Filed
- 27 October 2026 at 2:41 pm
- Category
- Material
- Sentiment
- Neutral
- Impact
- Medium
Executive summary
Kohat Cement Company Limited announced that it has formed a consortium with Hub Power Holdings, Lucky Cement, and Metro Ventures, which has been pre-qualified by the Privatisation Commission to conduct due diligence for the potential acquisition of a 51% to 100% equity stake in Islamabad Electric Supply Company (IESCO). The company clarified that no binding commitment has been made yet and the consortium is currently only undertaking a comprehensive due diligence exercise.
Key takeaways
- Kohat Cement formed a consortium with Hub Power Holdings, Lucky Cement, and Metro Ventures.
- Consortium pre-qualified to conduct due diligence for acquiring 51% to 100% stake in IESCO.
- No binding commitment has been entered into at this stage; currently evaluating viability.
- Privatization process will proceed through a competitive bidding process subject to approvals.
- #material-information
- #privatisation
- #iesco
- #consortium
- #acquisition
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