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Welcome to the pakistani perspective. This site covers the international internet media on stories and commentaries relevant to a Pakistani audience. It collects views from a wide variety of sources and presents them without bias and prejudice with or without my opinion (heck, this is my blog!).

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Tuesday, December 30, 2003

Canadian firm offers Rs 35b for HBL - Daily Times

"There are many discrepancies in the Habib Bank Ltd (HBL) bidding. The bank’s current market value is over Rs 71 billion, but it has been sold for Rs 22.404 billion. This was said by Maryna (Private) Limited Canada’s country head Rashid Amiruddin at a press conference here on Tuesday. He said the MLC would move the court because it was put out of bidding by raising the 'unreasonable' objection that it was not a serious buyer."

The International Herald Tribune reports on Aga Khan's bid for HBL: Aga Khan fund bids for control of Habib Bank.


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