UBL IPO may miss deadline
Posted on 04.22.05 by StockPK Team @ 11:31 am
The Privatisation Commission has virtually missed the deadline of April 30 for the United Bank Limited (UBL) initial public offering (IPO) as the Security & Exchange Commission of Pakistan (SECP) and stock exchanges are yet to register the transaction, it was learnt here on Friday. In the case of IPO, after the cabinet committee on privatisation (CCoP) approval, the privatisation commission is required to submit the case with the SECP for registration.
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