10 new IPOs at PSX on the cards: Asad Umar - News Summed Up

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10 new IPOs at PSX on the cards: Asad Umar


In a tweet on Sunday, the federal minister said that strong earnings being reported by companies listed on Pakistan Stock Exchange (PSX) reflect the achievement of economic stability. “The Hyderabad package would be worked out after the Karachi package’s development works would be streamlined,” he added. He apprised that the Engineering Support Center had been established in Hyderabad to support the industries especially motorbike, bangles and others. “If you check the streets in Karachi and Hyderabad you will not find basic facilities which are the provincial government’s onus. Asad Umar questioned why the provincial government issued NOCs for the two islands to the Centre in July 2020 if they were opposed to the federal initiative.


Source: Pakistan Today October 25, 2020 15:00 UTC



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