Jun 13, 2023
Pakistan Stock Exchange (PSX) conducted an Industry Awareness Session with the senior management (President, VP, CS) and executive committee members of Sargodha Chamber of Commerce and Industry (SCCI) through the Zoom platform. During the discussion, PSX Lahore team briefed the participants of the meeting about the Stock Exchange role in capital formation and explained how a company (SMEs, startups and greenfield projects) can list on PSX Growth Enterprise Market (GEM) board and raise growth capital. The PSX team also explained the role of Consultant & Advisor for GEM board and briefed the participants about requirements for filing listing application to PSX. Team PSX highlighted the importance of succession planning, a result of listing, in companies as many known names in business community in Pakistan do not survive by the time the third generation of the business families reaches the helm of affairs of their companies, as per study of IFC (World Bank).