- August 25, 2026
- Posted by: Tresmark
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Sapphire Fibres Limited (PSX: SFL) has obtained the Request for Statement of Qualification (RSOQ) issued by the Privatisation Commission for the proposed divestment of Gujranwala Electric Power Company (GEPCO) through privatisation.
The company’s Board of Directors has approved its participation in the transaction, according to a material information disclosure submitted to the Pakistan Stock Exchange (PSX) on August 25, 2026.
Sapphire Fibres clarified that it has not assumed any binding obligation in connection with the transaction at this stage. Its participation remains subject to pre-qualification by the Privatisation Commission and all necessary corporate and regulatory approvals.
The company further stated that it may form a consortium once the required approval is obtained.
Sapphire Fibres said it will keep the Pakistan Stock Exchange informed of any material developments regarding its participation in the GEPCO privatisation process.
