PSX signs agreement with Karandaaz

ISLAMABAD: In a landmark development for the capital market, Pakistan Stock Exchange (PSX) signed an agreement with Karandaaz whereby Technical Assistance (TA) grants would be given to prospective companies to be listed on the Gem Enterprise Market (GEM) Board.
The Agreement was signed by MD and CEO PSX, Farrukh H Khan and CEO Karandaaz Pakistan (KRN), Waqas ul Hasan at a ceremony held at the Stock Exchange, said a press statement received here Wednesday.
In an effort to promote the GEM Board to eligible SMEs, PSX approached KRN to facilitate small businesses in raising much needed capital for the growth of their business. –Agencies