The Karachi Stock Exchange (KSE) has asked all the members to furnish the details of their bank account for Physical Shares Settlement in which they desire the credit latest by February 13, 2008.
In a notice, issued here on Thursday, the KSE said that in order to facilitate and expedite the payments of Physical Shares Settlement, the Exchange has arranged to transfer funds against the submission of delivery order/Hawala of the members concerned through direct credit of specified amount in the designated bank account of the member instead of issuing separate individual cheques.