PSX cancels TRE certificate of M/s S Z Securities Ltd

KARACHI

Pakistan Stock Exchange (PSX) Wednesday cancelled or forfeited, the TRE Certificate of M/s S.Z Securities (Private) Limited (“SZ Securities”) from July 18, 2017, due to their repeated failure to resolve outstanding investors’ complaints.

“The forfeiture of TRE Certificate of SZ Securities by PSX shall not affect the rights of their clients/creditors in any manner, and SZ Securities remains responsible for discharging all its financial obligations,” PSX said.

All concerned, including TRE Certificate holders of PSX and investors/clients of SZ Securities forfeited.

The TRE Certificate holders of PSX are requested to submit their claims arising out of the transaction(s) made subject to regulations of the PSX against SZ Securities with Regulatory Affairs Division (RAD) of PSX nearest to your location in Karachi, Islamabad and Lahore through duly filled Investors’ Claim Form, either by downloading from PSX website by visiting the link “Investor Center” or directly through online e-complaints.

‘Please be informed that PSX reserves the right to take appropriate legal action against those who lodge false or fictitious claims,’ added the PSX release.

It may please be noted that last date for submission of claims against M/s S Z Securities (Private) Limited is August 18, 2017 and thereafter no claim will be entertained by PSX.

Arshad Hussain
Arshad Hussain
The author is business reporter at Pakistan Today. He can be reached at [email protected]. He tweets @ArshadH47736937

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