I congratulate Pakistan Stock Exchange and South Asian Federation of Exchanges (SAFE) for holding the Pakistan IPO Summit 2018. I am particularly delighted to see us gathered under one roof to strategize on ways to witness an upturn in the IPO listings at Pakistan Stock Exchange.
Seeing how far the IPO Summits Series have come along, is not only fascinating but truly inspirational. Even more so, having been invite to grace a magnificent event like IPO Summit as the chief guest is indeed an honor for me. Being the Governor of Punjab, I believe that hosting these events in Lahore is the best thing as our province has the maximum potential and need for arranging the capital market financing for our growth businesses.
Going public might just be one of the most imperative events in a company's life. It about time that companies are made aware how new capital raised in a successful public offering can dramatically increase a company's potential for growth, supplying funds for technology, research, new product development, construction, expansion into new markets, and acquisitions. Furthermore, the benefits of going public are not only limited to the company, solely; but it also helps inject greater amount of funds in the circular flow of income strengthening the capital market. As far as individuals are concerned, their savings can be put towards productive means, unlocking their true value of investment.
Under our regime, Programs like the IPO Summit will unquestionably be encouraged and reinforced so as to further the progress of Pakistan's capital market.
I also take this opportunity to thank South Asian Federation of Exchanges (SAFE) for laying such a unique foundation and all other sponsors of the Summit for being a partner in this event.
With efforts like these, I am sure that a brighter future is ours to write. I commend the holding of such groundbreaking initiatives in Pakistan.
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