SECP accords approval to JS Investments Ltd for the launch of JS ALPHA Fund

By MG News | September 23, 2019 at 04:30 PM GMT+05:00
September 23, 2019 (MLN): The Securities and Exchange Commission of Pakistan (SECP) has granted approval to JS Investments Limited, a premier Asset Management Company in Pakistan, to launch JS ALPHA Fund; a venture capital fund designed to invest in technologically oriented start-up and SME enterprises in Pakistan.
This move emerged as a result of SECP’s quest to develop and promote venture capital industry in Pakistan. To further solidify the status of venture capital market, SECP has launched PE & VC rules and regulations, which have paved the way for a fast track development of Venture Capital industry in Pakistan, putting entrepreneurship and business growth on the forefront.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 133,255.89 91.24M |
-0.09% -114.25 |
ALLSHR | 83,073.28 323.10M |
-0.01% -7.88 |
KSE30 | 40,605.73 29.67M |
-0.24% -99.57 |
KMI30 | 192,108.47 38.51M |
-0.25% -472.21 |
KMIALLSHR | 55,822.21 186.88M |
-0.02% -13.50 |
BKTi | 36,207.41 5.08M |
-0.30% -109.76 |
OGTi | 28,499.31 2.77M |
-0.15% -43.65 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 108,425.00 | 108,880.00 107,680.00 |
-30.00 -0.03% |
BRENT CRUDE | 69.35 | 69.50 69.03 |
-0.23 -0.33% |
RICHARDS BAY COAL MONTHLY | 97.50 | 0.00 0.00 |
2.90 3.07% |
ROTTERDAM COAL MONTHLY | 106.00 | 106.75 106.00 |
0.25 0.24% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 67.67 | 67.97 67.40 |
-0.26 -0.38% |
SUGAR #11 WORLD | 16.25 | 16.46 16.07 |
-0.13 -0.79% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|