The National Commodity Exchange Limited (NCEL), the first technology driven, demutualised, on-line futures exchange in Pakistan, has appointed BMA Capital Management Limited as its financial advisor for the private placement of its shares.
According to a press release issued here on Monday, BMA Capital expects to receive considerable interest from global investors, particularly entities that have strategic investments in regional and global derivative exchanges.
The strategic investor will add value by exploiting synergies, providing additional expertise in unexplored areas and in introducing new products at NCEL. Derivatives exchanges have attracted momentous investments globally and recent acquisitions have been sold at significant premiums.
NCEL is regulated by the Securities and Exchange Commission of Pakistan (SECP) and is committed to providing a transparent electronic trading environment and offering a wide spectrum of products, including both agricultural and financial futures. NCEL prides itself on being driven by global best practices and consistently reaching new standards of efficiency. BMA Capital is the country's premier investment firm with unrivalled experience in mergers and acquisitions (M&A), corporate finance, privatisation and financial advisory transactions.-PR