Pakistan Stock Exchange Ltd · PSX:PSX
Pakistan Stock Exchange — Investor Presentation (March 2021)
18 slides from Pakistan Stock Exchange's investor presentation, March 2021
Slide 1: Pakistan Stock Exchange Growth Enterprise Market (GEM) Board
Pakistan Stock Exchange Growth Enterprise Market (GEM) Board
Slide 2: Topics Covered
Topics Covered Introduction Requisites for GEM Board listing Benefits of Listing CCG Compliance Relaxations Eligibility Criteria for Investors Listing Fee Responsibilities of Advisors / Consultants Information Required on Website Price Sensitive Information – Post Listing Other Relevant Points GEM B
Slide 3: What is the GEM Board?
What is the GEM Board? Growth Enterprise Market Board is a listing platform aimed at facilitating Growth oriented businesses whether small, medium or greenfield businesses to raise capital to fund their growth and expansion plans.
Slide 4: Requisites and Features of GEM Board Listing
Requisites and Features of GEM Board Listing Audited financial accounts for Minimum post issuance paid at least two preceding years The company has to be up capital of PKR 25 Million Listing can be to raise fresh by a QCR (Quality Control registered as a public entity with no upper limit cap to the
Slide 5: Why List - Benefits of Listing
Why List - Benefits of Listing Raise Long Term Working Capital For funding expansions, mergers, working capital requirements, etc. Debt Limit Enhancement Banks improve loan limits with competitive interest rates to listed companies with higher paid up capital or Equity Enhances Company’s Public Prof
Slide 6: CCG Compliance Relaxations
CCG Compliance Relaxations Compliance Relaxations Companies need not comply with the provisions of Chapter 5 Within two years of listing, the company shall comply with the of PSX Rule Book. which applies only to Main Board. following Code of Corporate Governance Requirements: 1. Minimum number of Di
Slide 7: Eligibility Criteria for Investors in GEM Board Companies
Eligibility Criteria for Investors in GEM Board Companies Only Eligible Investors are authorized to invest and trade shares in the GEM Board, which include institutional investors and individual investors. Individual Investors are persons registered with Institutional Investors include: NCCPL having
Slide 8: Listing Fees
Listing Fees Initial Listing Fees Annual Listing Fees • 0.05% of Post Paid Up • PKR 50,000-/ on Paid Up Capital Capital up-to PKR 50 Million • Capped at PKR 50,000-/ • PKR 100,000-/ on Paid Up Capital between PKR 50-100 Million • PKR 200,000-/ on Paid Up Capital exceeding PKR 100 Million 8
Slide 9: Responsibilities of Advisors / Consultants to the Issue for GEM Board
Responsibilities of Advisors / Consultants to the Issue for GEM Board Draft Information Submit listing Conduct road Prepare Issuer and Memorandum with shows and pitch application to the make them ready consultation with the issue to eligible Exchange on behalf for listing the issuer investors of the
Slide 10: Information Required on Website
Information Required on Website Past Financial Performance. Business Activities of the Details Regarding Board of (Not applicable for Greenfield Issuer Directors Projects) Name of Group and Management Details Shareholding Details Associated Companies Information Memorandum Half yearly progress provi
Slide 11: Disclosure of Price Sensitive Information – Post Listing
Disclosure of Price Sensitive Information – Post Listing Exchange needs to be informed of every non-public material information, such as: Decisions of its Board of Directors relating to: Change of Significant change in Expected business management its financial condition performance 1. Cash dividend
Slide 12: Other Relevant Points
Other Relevant Points Advisors to the issue include; 1. Consultants To the Issue (CTIs), 2. Security Brokers licensed by the SECP, 3. Scheduled Banks, 4. Audit firms recognized by ICAP or ICMAP. An Issuer may issue equity securities at premium to the par value Trading shall take place through PSX Au
Slide 13: GEM Board vs Main Board
GEM Board vs Main Board GEM Main Board Only Information Memorandum (IM) Board A full Prospectus is required. required Code of Corporate Governance is applicable Code of Corporate Governance applies as per approval of SECP Only eligible investors can participate General public can invest Initial list
Slide 14: Procedure to get your company listed on the Exchange?
Procedure to get your company listed on the Exchange? • The Issuer finalizes an advisor, who does the initial due diligence in regards to financials, Appoints Advisor corporate structuring, legal and regulatory requirements etc., and formulates your company’s business plan moving forward. In short m
Slide 15: What will be your Growth Strategy?
What will be your Growth Strategy? Migration to Main Board The issuer may migrate to the Main Board after fulfilling criteria prescribed by PSX Rule Book Chapter 5 including: 03 02 Compliance with complete Code of Corporate Governance 01 Prospectus needs to be prepared Minimum post issue paid-up cap
Slide 16: Resources and tools
Resources and tools QCR Rated Auditors Forms and Documents PSX Rulebook https://www.icap.org.pk/quality- https://www.psx.com.pk/psx/resources- https://www.psx.com.pk/psx/resources-and- assurance/list-of-firms-having-satisfactory- and-tools/listings/forms-and-documents tools/listings/rule-book qcr-ra
Slide 17: Contact Information
Contact Information Karachi Sami Shakeel - Officer Email: [email protected] Telephone: +92-2135274574 Ext. 4574 Raeda Latif Islamabad General Manager Asghar Abbas Naqvi - Regional Head Marketing and Business Development Email: [email protected] Email: [email protected] Telephone: 111
Slide 18: Thank You!
Contact Information Thank You! For any further information or queries please contact: [email protected] Serving Investors & Industry Stock Exchange Building, Stock Exchange Road, Karachi-74000, Pakistan. Tel: (+92)111-001-122, Website: www.psx.com.pk
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