November 14, 2022
Pakistan Stock Exchange (PSX) team visited Lahore Chamber of Commerce and Industry (LCCI) and met with the senior management (President, VP, C.S) and executive committee members of LCCI. During the discussion, the PSX Regional Head, Lahore, briefed the participants of the session about the Stock Exchange role in capital formation and explained how a company (SME, start-ups and greenfield projects) can list on PSX’s Growth Enterprise Market (GEM) Board and raise growth capital. The PSX team also explained the role of Consultants & Advisors for GEM Board and briefed the attendees on requirements for filing listing application at PSX. Team PSX highlighted the importance of succession planning as many known business & company names vanish over time in Pakistan as they do not survive until their third generation as per a study conducted by IFC (World bank).