Pakistan shakes up IPO process to boost listings

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By John Loh
10 Jan 2018

Pakistan’s securities regulator has overhauled its IPO rules to make the country’s bookbuilding process more market-friendly.

The Securities and Exchange Commission of Pakistan said in a statement on Monday that the move followed consultations with market participants.

The changes are aimed at improving the quality of listings and ensuring there is fair price discovery in the bookbuilding process for primary issuance, according to the ...

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