Archive for the Islamabad Stock Exchange Category

Regulations for Trading Provisionally

Posted on June 21, 2008

WHEREAS the question of trading in the scrips of companies prior to the official listing by the Islamabad Stock Exchange (Guarantee) Limited and more commonly known as “Kerb Trading” has always been a matter of concern for the Exchange; AND WHEREAS it is desirable that in order to protect the interest of the investors, listing [...]

MEMBERS DEFAULT & PROCEDURE FOR RECOVERY

Posted on June 21, 2008

MEMBERS DEFAULT AND PROCEDURE FOR RECOVERY OF LOSSES REGULATIONS-1996   Preamble WHEREAS the question of review of the Rules and Regulations governing the members default and procedure for recovery of losses at the Islamabad Stock Exchange has been under consideration for a long time. And whereas in the process of review of various aspects of [...]

FORM OF UNCONDITIONAL UNDERTAKING

Posted on June 21, 2008

FORM OF UNCONDITIONAL UNDERTAKING (FOR ASSOCIATE MEMEBRSHIP OF CLEARING HOUSE)   In pursuance to the Regulations Governing Associate Membership of ISE Clearing House of the Islamabad Stock Exchange (Guarantee) Limited, we having our registered office at hereby undertake and bind ourselves as under: That we undertake to comply the requirements under the Regulations Governing Associate [...]

ASSOCIATE MEMEBERSHIP OF CLEARING HOUSE

Posted on June 21, 2008

FORM OF APPLICATION FOR ASSOCIATE MEMEBERSHIP OF CLEARING HOUSE   The Secretary Islamabad Stock Exchange (Guarantee) Ltd. Stock Exchange Building 101-E, Anees Plaza, Blue Area Islamabad. Dear Sir, We hereby apply for the Associate Membership of the Clearing House of the Islamabad Stock Exchange (Guarantee) Limited in accordance with the Regulations Governing Associate Membership of [...]

REGULATIONS GOVERNING ASSOCIATE MEMBERSHIP OF ISE CLEARING HOUSE PREAMBLE

Posted on June 21, 2008

Whereas in order to provide a reasonable degree of comfort and for maintaining proper risk management in the manner of Carry Over Transaction (COT) conducted by the Non-Member banks, financial institutions and companies the Islamabad Stock Exchange has decided to allow Associate Membership of its Clearing House to the Non-Member approved banking, financial institutions and [...]

COMPANY PROFILE

Posted on June 21, 2008

(For Companies Already Listed at other Exchanges) Name of Company:________________________________________________________ Address (Registered Office): _________________________________________________ Telephone Numbers:________________________________________________________ Mills – Other Addresses:_____________________________________________________ Telephone Numbers:________________________________________________________ Board of Directors:_________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ Auditors:_________________________________________________________________ ________________________________________________________________________ Legal Advisors:____________________________________________________________ ________________________________________________________________________ Bankers:_________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ Registrar of Shares:_________________________________________________________

F O R M – II

Posted on June 21, 2008

FORM FOR SUBMISSION OF UNDERTAKING AND PAYMENT OF FEES* Dated:________________ The Secretary Islamabad Stock Exchange (Guarantee) Limited Islamabad. Re: LISTING ON THE STOCK EXCHANGE With reference to our Listing application under Section 9 of the Securities and Exchange Ordinance, 1969, we enclose herewith the following:- (1) An unconditional undertaking under the Common Seal of the Company [...]

F O R M – I

Posted on June 21, 2008

FORM OF APPLICATION UNDER SECTION 9 OF THE SECURITIES AND EXCHANGE ORDINANCE 1969 FOR LISTING A SECURITY ON STOCK EXCHANGE. Dated:______________ The Secretary Islamabad Stock Exchange (Guarantee) Limited Islamabad. Dear Sir, We hereby apply for the listing of our ________________________________________ on your Stock Exchange. (Name of Company) 2. Necessary information and documents as required in the annexure to [...]

XII. TRANSFER PRICING

Posted on June 21, 2008

No listed company shall use a price other than the arm’s length price except in rare circumstances where, subject to the approval of the Board of Directors and for reasons to be recorded in writing, it is in the interest of the company to do so. The Board of Directors of a listed company shall [...]

AUDIT COMMITTEE

Posted on June 21, 2008

COMPOSITION The Board of Directors of every listed company shall establish an Audit Committee, which shall comprise not less than three members, including the chairman. Majority of the members of the Committee shall be from among the non-executive directors of the listed company and the chairman of the Audit Committee shall preferably be a non-executive [...]