24 September, 2014 / Ziqa'ad 28, 1435

SECP orders: PPL response

Published Dec 12, 2012 01:04am

THIS refers to the report ‘SECP detects insider trading’ (‘Business’ section, Dec 5).

The report refers to two orders issued by the Securities and Exchange Commission of Pakistan against Pakistan Petroleum Provident Fund Trust Company (Private) Limited and its directors under Sections 15E and 15E (3) of the Securities and Exchange Ordinance 1969, respectively.

For a company that prides itself on good corporate governance, financial transparency and the resultant confidence reposed by its valued stakeholders, the Management and Board of Directors of Pakistan Petroleum Limited (PPL) are seriously concerned about the development and will consider appropriate redress.

SAQUIB HANIF Manager, Corporate Communications, PPL Karachi


Do you have information you wish to share with Dawn.com? You can email our News Desk to share news tips, reports and general feedback. You can also email the Blog Desk if you have an opinion or narrative to share, or reach out to the Special Projects Desk to send us your Photos, or Videos.

More From This Section

Remembering Tabish Dehlvi

SYED Masood-ul-Hasan Tabish Dehlvi (1911-2004), who died 10 years ago on Sept 23, 2004, will be remembered as a...

Business centres

PAKISTAN needs investment from both local and foreign investors in many sectors of business and trade, especially...

Corruption allegations

MUCH has been said in the media about the marathon joint session of parliament which saw regular presence of the...

Comments (0) (Closed)