Pakistan Stock Exchange Limited informed that Mr. Muhammad Rafique Umer has relinquished from the position of Company Secretary of the Company at the close of business on January 20, 2020 and Dr. Fakhara Rizwan has been appointed in his place effective from January 21, 2020.

The announcement is available at:

https://dps.psx.com.pk/download/image/141650-1.gif

The Exchange was incorporated in 1949 as a company Limited by Guarantee. As a result of demutualization, the Exchange stood corporatized and demutualized as a public company limited by shares under the name of 'Karachi Stock Exchange Limited', with effect from August 27, 2012. Subsequently, the three stock exchanges namely Karachi Stock Exchange, Lahore Stock Exchange & Islamabad Stock Exchange were integrated into Pakistan Stock Exchange Limited (PSX) on January 11, 2016.

PSX provides a reliable, orderly, liquid and efficient digitized market place where investors can buy and sell listed companies' common stocks and other securities. For over 60 years, the Exchange has facilitated capital formation, serving a wide spectrum of participants, including individual and institutional investors, the trading community and listed companies.

© Pakistan Press International, source Asianet-Pakistan