The formal trading of Wateen Telecom has started at the Karachi Stock Exchange (KSE). The session started with a traditional opening bell. Furqan H Qureshi, General Manager (Enterprise Solutions), Wateen Telecom rang the opening bell.
While talking to media on this occasion, he said that the Initial Public Offering (IPO) of Wateen Telecom Limited, offered on April 20 and 21, 2010 to institutions and general public, closed with an overwhelming success and oversubscribed from all categories of investors.
Arif Habib Limited was appointed as the Advisor and Arranger of this IPO.