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Tag Archives: concept of price band or cap on the floor price

SECP sets Hascol floor price per share at Rs20 as concept of price band discarded

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) while discarding concept of price band or cap on the floor price, set the floor price for book building of Hascol at Rs20 per share. According an SECP release, the commission determined strike price at Rs56.50 per shares through the book building, i.e. 182.5pc above the floor price. It recalled that ... Read More »