Karachi Stock Exchange (KSE) has asked its members, investors and clients to submit claims arising out of transactions made against its three expelled members Eastern Capital Limited, ClikTrade Limited and Capital One Equities Limited. It may be noted that these three brokers were expelled by KSE for not resolving investors’ complaints after the Security and Exchange Commission of Pakistan (SECP) had suspended the registration for not resolving investors complaints.
KSE said that claims alongwith supportive evidence could be directly submitted to CSIR Department of KSE. Claims against Capital One Equities can be despatched to Post Box No 5550 of Karachi City GPO with postal code of 74000 before September 25, 2009. Similarly, claims against Eastern Capital can be despatched to Post Box No 5551 of Karachi City GPO and claim against Cliktrade can be sent to Post Box No 5552 of Karachi City GPO with postal code of 74000 before September 25, 2009.
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