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Pakistan to start new process to sell off public housing finance firm Pakistan will start a fresh process to sell off the public housing finance company after scrapping the ongoing negotiations. The Privatization Commission Board has recommended the termination of the ongoing negotiations to sell off 51% shareholding in House Building Finance Company Limited (HBFCL). The recommendation was made during a meeting of the board, chaired by Adviser to the Prime Minister on Privatization Muhammad Ali, this week. The board also reviewed matters related to the privatization of the Roosevelt Hotel in New York, the New Islamabad International Airport, and the power distribution companies. The HBFCL privatization has been scrapped due to a lack of buyers, as the Pakistan Mortgage Refinance Company was the sole bidder. The company has submitted a bid of PKR 4.2 billion for 51% shareholding of HBFCL against a reference price of PKR 13.55 billion approved by the Cabinet Committee on Privatization (CCoP), said an official statement issued after the board meeting. The board further recommended the privatization to restart with the appointment of a new financial adviser. The board also canceled the process of hiring a financial adviser for the privatization of the Roosevelt Hotel. It directed that fresh expressions of interest be invited for the appointment of a financial adviser to ensure a more competitive and robust process. Under the prescribed criteria, the number of interested parties had reduced from seven to two after screening for legal and technical compliance, the statement said. In July 2025, Jones Lang LaSalle (JLL), a leading global real estate services firm -- which was advising the government on the transaction -- withdrew its services citing a “potential conflict of interest”. #### Other decisions The board also recommended to the CCoP that the New Islamabad International Airport be included in the privatization program. Earlier, the Cabinet Committee on Intergovernmental Commercial Transactions rejected the airport's privatization under the government-to-government (G2G) mode. The PC Board has now recommended a competitive process to privatize the airport. The board authorized the Privatization Commission to enter into direct negotiations with the Asian Development Bank for a financial advisory agreement. The PC Board also approved the formation of a transaction committee for the privatization of Hyderabad Electric Supply Company (HESCO) and Sukkur Electric Power Company (SEPCO), Pakistan's two loss-making electricity suppliers. The committee will review deliverables submitted by the transaction’s financial adviser.
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Daily Hack Notices 2025-12-9 Daily Hack Notices: #cadmanpower, #hesco, #tuscon-physicans, #incolease, #pilgrimpackaging, #felixvet, #iscot, #marriott, #cadopt, #milanoristorazione, #capobrothers, #xfinity, #comcast, #lavergnetn, ...

Daily Hack Notices: #cadmanpower, #hesco, #tuscon-physicans, #incolease, #pilgrimpackaging, #felixvet, #iscot, #marriott, #cadopt, #milanoristorazione, #capobrothers, #xfinity, #comcast, #lavergnetn, ...

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Nepra fines Discos Rs110m for missed targets Nepra fines Discos over poor performance, missed recovery goals, and rising electricity losses. The National Electric Power Regulatory Authority announced fines of more than Rs110 million against four distribution companies on Tuesday. The companies include Hesco, Qesco, Fesco, and Gepco. The regulator said these firms failed to meet performance targets such as reducing system losses […]
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#MENDENHALLGlacier river
BREAKING FROM #Juneau #ALASKA ...
#GlacialFlood barriers held (REC by #HESCO Barrier stock)
www.adn.com
Mendenhall River crests at record high during glacial outburst in Juneau
Officials say new flood-control barriers are largely working.
Zaz Hollander 59 minutes ago

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NOTE .. WHAT you see here IN FOUR LIVE WEBCAM VIEWS are the edges of the 2 mile #HESCO #Barrier bracing agains the #MendenhallGlacier #GLOF
Glacial Outflow Flood #Juneau ...The current flood is that near to top of 4-8 foot barrier.
streaming.tscak.com

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HERE from @nypost.bsky.social is pic of actual #HESCO barrier in residential area of MendenhallRiver #Juneau #Alaska
#glacialflood THAT WAS AUG 3, 2025 ... no cameras here.

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These decade old floods, now pose a persistent summertime threat to residents who live along the #MendenhallRiver. In preparation for this year’s torrent, city officials worked with the U.S. #ArmyCorps of Engineers and others to build a massive wall of #Hesco barriers

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Hesco (Unternehmen) – Wikipedia

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Bisschen Hintergrund zu den damaligen illegalen Machenschaften bei der Firmenpleite der elterlichen Firma #Hesco, in die auch Katharina Reiche damals als Teilhaberin involviert war.
de.wikipedia.org/wiki/Hesco_(...

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Schweres Handicap Katherina Reiche, die Vorzeige-Frau aus Stoibers Wahlkampfteam, ist in eine dubiose Firmenabwicklung verstrickt. Hat sie Fördergelder für den Wahlkampf genutzt?

Denke ich an Katharina Reiche, denke ich an Mauscheleien bei der obskuren Pleite und Neugründung des elterlichen Unternehmens #Hesco, in die auch sie verstrickt war. Ihre Mutter war damals CDU-Fraktionschefin im Kreistag von Teltow-Fläming.
Das ist so typisch #CDU!
☝️
www.spiegel.de/politik/schw...

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HESCO Innovates with New Manufacturing of Military Barriers in America HESCO has launched a manufacturing site in Texas for military-grade barriers, enhancing production quality and response times.

HESCO Innovates with New Manufacturing of Military Barriers in America #United_States #Texas #HESCO #Military_Barriers #Ennis

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#Hyderabad #Sindh #Pakistan 🇵🇰 #HESCO

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