Press releases 2010
London Stock Exchange hosts first Pakistan Privatisation and Capital Markets Forum
The London Stock Exchange is today hosting its first Pakistan Privatisation and Capital Markets Forum, highlighting the investment opportunities available in Pakistani public and private sector companies to London-based investors.
Speaking at the event, Ibukun Adebayo, Head of Business Development – South Asia, London Stock Exchange, said:
“As the world’s most international equity market, with an established track record of providing private companies with access to capital as they transition to become public companies, the Exchange is uniquely placed to facilitate investor meetings with some of Pakistan’s leading companies. The excellent attendance at today’s Forum from the investor community shows that London-based investors can see the potential for high growth and returns in Pakistan.”
A total of 11 Pakistani companies are taking part in the Forum, including some of Pakistan’s leading State Owned Enterprises. The companies attending are:
- Pakistan Petroleum Limited (PPL),
- Oil & Gas Development Company Limited (OGDCL),
- The Hub Power Company (HUBCO),
- ENGRO Corporation,
- MCB Bank,
- United Bank Limited,
- Lucky Cement,
- Karachi Electricity Supply Company,
- Islamabad Electric Supply Company (IESCO),
- Pakistan Railways,
- Pakistan Steel.
Held in association with Pakistan’s Privatisation Ministry, Nomura and BMA Capital, the event has attracted over 120 participants from London’s international investment community. The conference features keynote addresses from Senator Waqar Ahmed Khan, Federal Minister for Privatisation, Islamic Republic of Pakistan and Rt. Hon. Alderman Michael Bear, the Lord Mayor of the City of London. His Excellency Wajid Shamusl Hasan, Pakistan's High Commissioner to the United Kingdom; Senator Wasim Sajjad, Leader of the Opposition in the Pakistan Senate; Senator Adnan Shah, Chairman Senate Standing Committee on Privatisation and members of the Committee Senator Ilyas Bilour & Senator Imtiaz Shaikh also participated in the forum.
There are currently four Pakistani companies listed and traded on the London Stock Exchange - the state owned Oil & Gas Development Company Limited (OGDCL), United Bank, MCB and Lucky Cement.
For further information please contact:
Lauren Crawley-Moore Press Office +44 (0)20 7797 1222
Notes to editors:
About London Stock Exchange Group:
London Stock Exchange Group (LSEG) sits at the heart of the world's financial community. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange, Borsa Italiana, MTS, Europe's leading fixed income market, and Turquoise, offering pan-European and US lit and dark equity trading. Through its markets, the Group offers international business unrivalled access to Europe's capital markets.
The Group is a leading developer of high performance trading platforms and capital markets software and also offers its customers around the world an extensive range of real-time and reference data products and market-leading post-trade services. Headquartered in London, United Kingdom with significant operations in Italy and Sri Lanka, the Group employs around 1500 people.
Further information on London Stock Exchange Group can be found at http://www.londonstockexchangegroup.com/