KSE board considering relief to CFC investors

KARACHI: The Karachi Stock Exchange (KSE) board has started considering to provide various relief options to the investors present in the CFC financing.An emergency meeting of the KSE board was held in the night on Sunday in which it was decided that a middle way would be found with consultation of stake holders to provide relief to CFC stock holders.
This was also considered in the meeting to activate the member protection fund and to meet the members losses from this fund.The KSE board will review today the issue of the shares valued at Rs11 billion available in the CFS market in view of the court decision.A KSE director told Geo News that consultations have been made up to large extent among the stake holders but due to some legal complications the board has not yet approved any decision.

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THK Associates (Private) Limited: Shares Registrar

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