[The Express Tribune April 22, 2019]

ISLAMABAD: The Privatisation Commission (PC) board has worked out the fair market price of Mari Petroleum Company Limited at Rs1,511 per share, which is 26% higher than the current price, aimed at maximising gains from divestment of government shares. At the fair market value, the government may earn Rs27.8 billion by offloading its remaining 18.39% stake in the company. The projected earnings are higher by Rs5.8 billion than the one the government can get at the current share price of Rs1,199 quoted at the Pakistan Stock Exchange (PSX).