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PSX Launches digitalised listing process

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KARACHI: The Pakistan Stock Exchange (PSX) has digitized the listing process through an online portal, Public Offering Revolutionized (PRIDE), an integrated and digital experience.

The online portal is designed to automate the end-to-end listing process. Through PRIDE, lead managers, advisors or consultants can submit online applications and documents for listing of equity, debt, mutual funds and exchange traded funds (ETFs).

Farrukh H Khan, Managing Director and Chief Executive Officer of PSX, said that PRIDE is an important step towards enhancing the capital raising and listing experience on the exchange through a digitized approach.

“The utility and importance of this innovative portal is manifold in that it provides an easy way to file listing applications, easy tracking of listing application status, and record maintenance.

Both Securities and Exchange Commission of Pakistan (SECP) and PSX can use this platform to share their approvals with issuers of equity and debt securities.

PSX is proud of the innovative digital facility, PRIDE, as it will go a long way in simplifying and simplifying the listing process, Khan said, adding that PRIDE is PSX’s frontline regulator in providing best-in-class digital. Reflects determination. experience for market participants, and support ease of doing business for advisers and consultants.

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