Karachi Stock Exchange: Membership spot up for grabs for at least Rs50m

KARACHI:

The Karachi Stock Exchange (KSE) will hold an open auction for the sale of one membership slot on July 12 with bidding to start from Rs50 million.

All interested parties, in addition to meeting the eligible criteria for members, are required to submit pay order equivalent to five per cent of the reference price as earnest money along with an advance payment of 10 per cent against the offered amount, according to KSE on Monday.





Published in The Express Tribune, June 28^th, 2011.