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Published

Shell partners decry deal with Saudi company

Summary by Dawn
ISLAMABAD: Minority shareholders of Shell Pakistan, a leading international oil marketing company (OMC), have alleged that they were unfairly treated in the recent deal with Saudi Wafi Energy, incurring substantial financial losses. They also criticised the corporate sector regulator for facilitating the transaction by introducing enabling regulations that benefited two foreign firms just before the deal. Some of the minority shareholders have f…
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