KASB Securities Update As Of 7 Pm.... I have just returned home after having attended meetings with the securities lawyers, spoken with KSE TOP officials, SECP Top Compliance and enforcement people and almost ALL top brokerage firm people in addition to giving an absolute PROTEST BASED Interview to Dawn News Paper, which will be printed in the morning. KASB Securities being shut down without the facilities of even transferring the shares is AN ABSOLUTE ZULM on all investors, small and BIG. If this is not resolved within this week, I will assure you that the international investors will have their confidence ERODE In Pakistani Capital Markets. Merrill Lynch, One of The largest RETAIL BROKERAGE HOUSE of United States is an country affiliate of KASB Securities and they will not take this sitting down, Mark My Words. I am repeatedly getting conflicting statements from All Will Be Ok to We can Not Do Anything Sir Because The Orders Came From Very Up High To Shut Down KASB Securities.... When the hell the regulators and the politicians will wake up and begin to realize that We can not take 3 steps forward and 12 steps back when it comes to our financial markets.... Anyway, I am stuck in it with you...I will continue to inform you of what i learn. Please stay confident and positive because Paisa diya bhi Allah ne hi tha, to protect karnay wala bhi Allah hi hoga. Period. This is when you need to Thank Him because anybody can thank Allah when things are going great, it takes a true believer to thank him when things ARE NOT.
Posted on: Tue, 18 Nov 2014 13:55:26 +0000
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