Pakistan Stock Exchange IPO refunds: SE Fruits money returned
The exchange said the refunds followed a directive from the SECP after SE Fruits and Vegetable Limited withdrew its offering, and investors were told to contact their banks for details.
The PSX says all money collected in the SE Fruits and Vegetable Limited IPO has been refunded to investors' bank accounts.
The refunds were completed under an SECP directive after the company withdrew its offering.
The SECP suspended proceedings after discrepancies in the prospectus, and has opened a formal investigation.
Investors with questions should contact their bank or the intermediary that handled their application.