Pakistan privatization tries to progress

Article Abstract:

Pakistan's privatization program had dismal results in 1998, but plans call for the Privatization Commission to dispose of some banks and public utilities in 1999. The list of companies to be privatized in the year's second and third quarters includes Pakistan Telecommunications Ltd, United Bank, Habib Bank, Allied Bank, Pakistan Steel Mills, and Karachi Electric Supply Co. The Pakistan Telecom privatization appears to be progressing. Goldman Sachs finished its due diligence on the company in Feb 1999.

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Croatia seeks quick telecoms sale

Article Abstract:

Croatia may take bids to sell its Croatian Post and Telecommunications by Jun 1999 because the government needs money. Instability in the region could cause the sale of this entity and other state-owned enterprises to take longer than desired. The current Croatian government is conservative and does not want to sell these enterprises.

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Retail investors sold on Telstra 2 >BY Sharon Klyne

Article Abstract:

The Australian government has attracted additional shareholders in Telstra with a second stock offering.

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