ISLAMABAD (APP) – Pakistan has received the Best Second Placement and Best Privatisation Award 2015 in the ASSET’s`Best Deal Awards’ category.

The award has been given in recognition of the country’s transactional work on the divestment of Government of Pakistan’s shareholding in Habib Bank Limited in 2014-15, said a message received here from Hong Kong.

The ASSET, one of Asia’s most prestigious corporate ranking journals publishing in Hong Kong since two decades, was given the `Best Deal of the Year 2015′ Award to Pakistan at The Asset Triple A Regional Awards ceremony held in Hong Kong.

Minister of State for privatization and Chairman Privatisation Commission Mohammad Zubair received the prestigious award.

He was accompanied by Pakistan’s Consul General in Hong Kong Ghufran Memon. Hong Kong’s top executives and policy makers from the finance and banking sectors attended the award ceremony. A number of awards of various categories were given away to financial institutions, banks, investment houses and countries.