Inside Financial Markets

PSX SPA signing ceremony tomorrow

The signing ceremony of share purchase agreement ( SPA) of Pakistan Stock Exchange (PSX) with the consortium of Chinese exchanges and local financial institutions would be held on Friday (tomorrow) at PSX. Federal Finance Minister Senator Muhammad Ishaq Dar would be the chief guest at the ceremony.

The consortium of Chinese stock exchanges and local financial institutions had won the bid to acquire 40 percent stake of Pakistan Stock Exchange and now share purchase agreement would be formally signed between the parties. Under Demutualization Act, the remaining 20 percent stake of PSX would be offered to general public through initial public offering (IPO).

Baqar Hussain

A Wannabe CFO, just had stepped in the corporate sector, willing to explore every aspect here and learn as mush as i can, awareness for those who dont, get the info where ever possible and stay up to date always.

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