Offers for the Pakistani stock market IPO


(MENAFN) Pakistani Finance Minister, Ishaq Dar, confirmed in an interview with Khaleej Times, that Pakistan has got two international offers for the Initial Public Offering (IPO) of recently merged Pakistan Stock exchange (PSX), and the decision will be taken in the next two weeks.

Moreover, PSX was established in January after the merger of individual stock exchanges of Karachi, Lahore and Islamabad.

Reuters reported quoting PSX managing director Nadeem Naqvi, that Pakistan arranges to sell 40% stake in its stock exchange in the next month, and Turkey's Borsa has expressed some initial intend.


MENAFN

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.