April 04, 2023
The Pakistan Stock Exchange (PSX) team visited the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Lahore region along with Mr. Ehsan Ahmed from AKD Securities Limited (Consultants and Advisors). The PSX team met with the Executive Committee and other member participants of the Chamber. The Chamber president welcomed the member participants and briefed them about the background of the seminar. He appreciated the PSX team for arranging such kind of meetings and seminars and to clarify the misconceptions prevailing in the market regarding listing of SMEs. The president said that he was thankful to the PSX team by providing important information and that the door is open for SMEs to list at PSX to fulfil their capital requirements. During the discussion, the PSX Regional Head, Lahore, briefed the participants about the Stock Exchange role in capital formation and explained how companies, SMEs, startups and greenfield projects can benefit through listing at PSX GEM board by raising capital for their growth and expansion. He also briefed the participants about the prerequisites for listing of companies at GEM Board and Main Board of PSX. Mr. Ehsan of AKD Securities explained the role of Consultant & Advisor to the Issue for listing of companies at PSX. He further said that the first company on GEM Board of PSX was listed through AKD Securities. Mr. Ehsan added that AKD Securities Ltd. is providing free of cost services to the companies for its initial assessment on the basis of their financials which will be very helpful for them for listing. Queries raised by the participants were duly answered in the session. It was a fruitful and productive session which was interactive throughout as well.