Waves Singer Pakistan to acquire 96.6% stake in Heavy Electrical Complex
KARACHI: The Board of Directors of Waves Singer Pakistan Limited (WSPL) have approved submission of an Expression of Interest (EOI) for the acquisition of 96.6 percent shares in Heavy Electrical Complex (Private) Limited (HEC) from the Government of Pakistan by way of privatization process. The EoI will be followed by a detailed due diligence process…