JS Global’s conference in London concludes

KARACHI: JS Global Capital Limited, a largest brokerage and investment banking firm in Pakistan, has concluded its Pakistan Investment Conference (PIC) 2016 in London, a statement said on Friday. 

“The Privatisation Commission, ministry of finance, government of Pakistan and the Pakistan Stock Exchange (PSX) were present and significantly supported this grand event, where both put up a larger-than-life effort to back up this rare initiative taken by JS Global Capital for the potential up-grade of the country back into the emerging markets category, which is due this June,” the statement said.

The opening session commenced with a welcome note by Ahmed Badr, CEO and Head Middle East and North Africa Equities Renaissance Capital, Dubai office, who appreciated JS Global and its CEO Kamran Nasir for their efforts and welcomed all the dignitaries and participating companies from Pakistan. 

This was followed by the Managing Director Nadeem Naqvi of PSX presentation on the improving investment story, including the recent turnaround observed in country’s macros, sectoral expansions for ensuing growth as well as series of key institutional and structural reforms, which have been undertaken by the PSX/SECP over the last few years for the overall betterment of the Pakistan capital markets, for foreign and local investors alike. 

Muhammad Zubair, Minister of State and Chairman Privatisation Commission drew investors’ attention towards the developments taking place in China-Pakistan economic corridor. 

He also highlighted the host of recent structural reforms which the government has made, including the significant progress made in the security and law and order situation of the country, supporting the investment climate and the overall economic activity.

Zubair also highlighted the improved energy supplies for both industries and the households, and overall policy consistency given the political stability post first democratic political transition in country’s history. 

CEO JS Global Kamran Nasir appreciated the efforts of the Securities and Exchange Commission of Pakistan in supporting such initiatives and for being
the key driver of bringing positive change and vibrancy into the Pakistan’s capital markets.

“The successful conclusion of this unprecedented event has once again added to the list of “Many Firsts” to JS Global’s credit and its pioneering role in the capital markets of Pakistan for over 40 years,” said the statement.

The Conference was hosted in London by JS Global’s partner Renaissance Capital – a leading emerging and frontier markets investment bank. 

CEOs/CFOs of Habib Bank, United Bank, Hub Power, Pak Telecom, Honda Cars, Searle Pakistan, Fauji Fertilizer, DG Khan, Oil and Gas Development Company, Lucky Cement, Fauji Fertilizer Bin Qasim, Dawood Hercules Corp and 2 leading pre-IPO Companies advised by JS Global/JS Bank participated at the event, in addition to more than 30 world's top investment firms/funds.