December 16, 2021
The Business Development team of the Pakistan Stock Exchange (PSX) visited S.I.T.E. Association of Industry and met with the Executive Members of the association. Senior Vice President Mr. Saud Mehmood, Vice President Mr. Muhammad Kamran Arbi, and other local companies’ heads were amongst the audience who graced the occasion.
The team delivered a presentation detailing the options available at PSX for companies to raise capital. The focus was on how companies can benefit, with relatively less compliance to follow, by listing on Growth Enterprise Market (GEM) Board. Presentation included initiatives taken to facilitate the companies interested to raise debt by placing debt at the exchange. In the end, members took the opportunity and raised their queries regarding listing on Stock Exchange, Code of Corporate Governance and Regulatory requirements. Discussion ended after a detailed Q&A session. S.I.T.E. Association Members appreciated PSX’s efforts and opined that the session provided them a better understanding of the listing process and the options they can seek to grow their businesses.