WhatsApp Logo Subscribe
For News Alert

News

SECP issues consultation document seeking stakeholders' feedback on IPO pricing 

By News Desk

September 8, 2024 01:59 PM


Twitter Share Facebook Share WhatsApp Share

The Securities and Exchange Commission of Pakistan (SECP) has released a consultation document aimed at improving the public offering system to promote investment. 

According to the 24NewsHD TV channel, the document outlines potential amendments that will be finalised after incorporating public opinion and achieving consensus among stakeholders.

SECP stated in the document that the main objective is to support an efficient and cost-effective investment process for businesses. 

The consultation document proposes enhancements in IPO pricing, listing conditions, and the digitisation of the public offering system. 

Stakeholders are encouraged to submit their feedback on these proposed improvements by September 20, 2024.

Following the collection of public opinions, SECP will conduct consultative meetings with stakeholders to further refine the proposed changes. 

The anticipated improvements are expected to enhance transparency, efficiency, and growth within the public offering system, contributing to a more robust investment environment in Pakistan.

Reporter: Kaleem Akhtar


News Desk


Most Read

  1. Fans go gaga over Sajal Aly and Iqra Aziz chemistry in latest photoshoot Fans go gaga over Sajal Aly and Iqra Aziz chemistry in latest photoshoot
  2. Islamabad turns into ‘fortress’ ahead of PTI protest Islamabad turns into ‘fortress’ ahead of PTI protest
  3. Punjab CM Maryam lays foundation of country’s first autism school Punjab CM Maryam lays foundation of country’s first autism school
  4. Diljit Dosanjh invites Hania Aamir on stage during London concert, sings 'Lover' for her Diljit Dosanjh invites Hania Aamir on stage during London concert, sings 'Lover' for her
  5. Pakistanis feared among six migrants killed by Mexican soldiers in highway chase Pakistanis feared among six migrants killed by Mexican soldiers in highway chase
  6. Army soldiers guard Islamabad, Lahore sealed ahead of PTI protest Army soldiers guard Islamabad, Lahore sealed ahead of PTI protest