Clarification to RFP: Shareholding Percentage for Privatization of Pakistan Reinsurance Company Limited (PRCL)
Clarification to RFP · Islamabad · The Express Tribune,
Tender advertisement published in The Express Tribune on Thursday, 17 September 2026, listed under Islamabad. Issued by Clarification to RFP.
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Privatization Commission issues a clarification to the Request for Proposal (RFP) for the privatization of Pakistan Reinsurance Company Limited (PRCL). The clarification amends language in Appendix A of the RFP (Terms of Reference) concerning referenced shareholding percentages.
Reference: advertisement published in national and international newspapers dated 29, 29 and 31 August, 2026. RFP available at the Privatization Commission.
| RFP Location | Original text (as in RFP) | Substituted text |
|---|---|---|
| Appendix A, Section 1 (page 38) | "up to Seventy five percent (75%) of its entire shareholding in PRCL" | "57% of GoP's direct shareholding and GoP = 24.41% indirect shareholding in PRCL" |
| Appendix A, Section 3 (page 40) | "up to Seventy five percent (75%) of GoP shareholding / PRCL" | "57% of GoP's direct shareholding and GoP = 24.41% indirect shareholding in PRCL" |
Issuer: Privatization Commission. Signed: Asif Jalal Bhatti.
No application or submission deadline is stated in this clarification notice.
Published in The Express Tribune on Thursday, 17 September 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
Questions about this tender
- What is the last date for this tender?
- This advertisement prints no last date. Read the clipping and confirm with Clarification to RFP.
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- The Express Tribune, in the edition of Thursday, 17 September 2026.
- Which city is this tender listed under?
- Islamabad. That is the city recorded for this advertisement — taken from the notice where it names a place, and otherwise from the newspaper edition it appeared in.
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- Follow the instructions printed in the clipping; the advertiser’s own page is linked from this one. Applications are not submitted through this page.
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