KARACHI: The initial public offering (IPO) of Pak-Qatar General Takaful Limited (PQGTL) entered its two-day book-building phase on Wednesday, a key step toward its listing on the Pakistan Stock Exchange (PSX). Bidding is scheduled to continue until Thursday, according to the prospectus released by Arif Habib Limited. Read More: Pak–Qatar Family Takaful Limited listed on PSX PQGTL, a […]
book-building
SECP unveils new book-building system to modernize capital markets
KARACHI– The Securities and Exchange Commission of Pakistan (SECP) announced on Tuesday that it has approved a new book-building mechanism to modernize the country’s capital markets, promote fair pricing, and enhance transparency in public offerings. Under the revised framework, securities brokers, banks, development finance institutions (DFIs), and mutual funds will be able to participate directly […]