In order to explore co-operation in the areas of common interest, Islamabad Stock Exchange Limited (ISE) has inked memorandum of understanding (MoU) with Azad Jammu & Kashmir Chamber of Commerce and Industry (AJKCCI). The MoU signing ceremony was held at AJKCCI at Mirpur, Azad Jammu & Kashmir.
The purpose of the MoU is to explore areas of common interest including improvement of businesses, pursuing companies for listing at ISE, public awareness and business students' development. Speaking at the occasion, Chaudhry Javed Iqbal, President AJKCCI appreciated the efforts of the ISE towards development of the capital market. Executive members showed keen interest in the listing of small & medium enterprises at SME counter.
While answering to various questions raised by the audience, Zahid explained, "it is a secure way to invest your savings and to get best returns on it."
He also explained the mechanism of investing in stock market and advised them how the investors could secure their investments through using facilities offer by a regulator. He also briefed about the securities laws, functioning of stock markets and the role of Securities & Exchange Commission of Pakistan (SECP), NCCPL and CDC. Zahid further added that the MoU would help both the entities to create opportunities for all stakeholders.
President AJKCCI invited the exchange to organise series of road shows and seminars on investors awareness and promotion of SME counter with the collaboration of AJKCCI, as the investors and business community were anxious to invest and en-list their Small and Medium Size Companies at ISE. The participants were informed that the demutualisation has helped ISE to improve its governance. President AJKCCI thanked ISE for visiting a chamber and assured long lasting mutually beneficial relationship between the two entities.
Comments
Comments are closed.