KSE opens membership sale

KSE opens membership sale
Updated on

Summary

Karachi Stock Exchange (KSE) has called for offers to sell its membership till November 6. According to a KSE Director, the offers to sell membership by the KSE have been called till November 6. Interested people including individual investors, national and foreign banks, companies and financial institutes can take part into it. Buying party will have to deposit 10pecent advance share of the auction to buy membership. The buyer will have to deposit rest of the money within five days. Earlier, offers were received less than expected target for selling membership and they were cancelled. KSE has authority to reject on or all the offers.
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