Clarification to RFP: Hiring Financial Advisor for Pakistan Reinsurance Company Limited (PRCL)
Clarification to RFP · Islamabad · Dunya,
Tender advertisement published in Dunya on Thursday, 17 September 2026, listed under Islamabad, Pakistan. Issued by Clarification to RFP.
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Issuer: Privatisation Commission, Government of Pakistan.
Purpose: Clarification to the Request for Proposal (RFP) for hiring a Financial Advisor for the proposed privatisation of Pakistan Reinsurance Company Limited (PRCL).
RFP availability: https://privatisation.gov.pk/PRCL
Reference: Advertisement published in national and international newspapers dated 28, 29 and 31 August, 2026. PID (I) 2552/26.
Clarification summary:
| RFP location | Original wording (in RFP Appendix A) | Substituted wording |
|---|---|---|
| Section 1, Terms of Reference (page 38) | "up to Seventy-five percent (75%) of its entire shareholding in PRCL" | "up to 51% of GoP's direct shareholding and GoP's 24.41% indirect shareholding in PRCL" |
| Section 3, Terms of Reference (page 40) | "up to Seventy-five percent (75%) of GoP shareholding in PRCL" | "up to 51% of GoP's direct shareholding and GoP's 24.41% indirect shareholding in PRCL" |
Contact for queries:
Transaction Manager, Privatisation Commission, Government of Pakistan
Email: [email protected]
Phone: +92-51-9217972
Signed: Asif Jalal Bhatti, Advisor (Power-II), Privatisation Commission, Government of Pakistan.
Published in Dunya 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.
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