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Commission approves legal segregation of PIA

Islamabad [Pakistan], May 6 (ANI): In a major development, the Securities and Exchange Commission of Pakistan (SECP) has approved the legal segregation of Pakistan International Airlines (PIA), Geo News reported.
According to a press release issued by the Ministry of Privatisation on Sunday, the restructuring scheme was approved on May 3 for the transfer of non-core assets and liabilities of PIA to PIA Holding Company Lim