SECP forms shareholder committee
By Our Correspondent
November 03, 2023
ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) said on Tuesday it had formed a committee of experts to review the conduct of shareholder meetings by companies listed on the Pakistan Stock Exchange (PSX) and related matters.
The SECP said the move was aimed at increasing transparency and addressing concerns of minority shareholders. The committee will review the regulatory requirements for shareholder meetings, including the election of directors and the use of proxies, and suggest reforms, the SECP said in a statement.
It will also propose a monitoring mechanism for meeting proceedings, including the recording of minutes, and identify the role of technology in enhancing efficiency, it added.
-
Billie Eilish Slammed For Making Political Speech At Grammys -
Beverley Callard Announces Her Cancer Diagnosis: 'Quite Nervous' -
WhatsApp May Add Instagram Style Close Friends For Status Updates -
Winter Olympics Officially Open In Milan, Cortina With Historic Dual Cauldron Lighting -
Sciences Reveals Shocking Body Response Against Heart Attack -
Who Is Charlie Puth? Inside Awards, Hits & Journey Of Super Bowl Anthem Singer -
Jared Leto 'swings For The Fences' In 'Master Of The Universe'? -
Kelsea Ballerini, Chase Stokes Not On Same Page About Third Split: Deets -
Shanghai Fusion ‘Artificial Sun’ Achieves Groundbreaking Results With Plasma Control Record -
Princess Anne Enjoys Andrea Bocelli, Lang Lang Performances At Winter Olympics Opening Ceremony -
Ben Stiller Cherishes Working With Late David Bowie -
Anti-inflammatory Teas To Keep Your Gut Balanced -
Polar Vortex ‘exceptional’ Disruption: Rare Shift Signals Extreme February Winter -
Which Countries Are Worst And Best In Public Sector AI Race? -
Matthew McConaughey Opens Up About His Painful Battle With THIS -
Emma Stone Reveals She Is ‘too Afraid’ Of Her ‘own Mental Health’