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Lahore, June 11, 2013 (PPI-OT): Treet Corporation Ltd senior management visited The Lahore Stock Exchange to participate in the Corporate Briefing Program. CBP is an interactive program initiated by the Lahore Stock Exchange under the Corporate Communications Department to encourage companies to come forward and share their financials and non financial projects before the members, TREC Holders, investors and the media to abridge the communicational gap between the listed companies and the market participants through this platform.
Company Secretary, Mr. Ayaz Ahmad and the Chief Financial Officer, Mr. Amir Zia addressed the participants explaining and highlighting the financial performance of the company. Mr. Amir while addressing stated that energy shortage is a worrisome issue for which Treet Corporation Ltd is already planning to launch alternate sources of power generation to meet the energy shortage. He also stated that the company is at the stage of expanding its business by looking forward to explore trade with India.
MD – Lahore Stock Exchange, Mr. Aftab Ahmad Chaudhary while addressing the participants stated that the purpose of the Corporate Briefing Program is to provide an opportunity to the companies to brief investors and the broker community on the updated operational, financial and strategic positioning of the companies.
He expressed that an opportunity of periodical communication through the Corporate Briefing Program would enable the companies to create a strong investors following, besides, providing the investors an opportunity to gain first- hand knowledge from a company’s management. He stated that LSE considers it essential for the companies to participate in such programs so that there is no information asymmetry regarding our listed companies.
Corporate Briefing Program (CBP) aims to bridge the gap between the listed companies and investor’s community and provide them with an opportunity to share company’s first hand information. The basic goal of the Corporate Briefing Program is to enhance investor’s understanding of financial statements, company’s short term and long term projects.
CBP is an opportunity for investors to better understand the economic/financial affairs of a company which might affect company’s share price and ultimately impact their investments as well as investment decisions.
The LSE under this initiative will be conducting regular programs for different listed companies. Management of the companies shall brief and explain the investors about company’s assets and liabilities, financial soundness, credit worthiness, current and expected revenue and growth rates.
For more information, contact:
Lahore Stock Exchange (LSE)
19, Khayaban-e-Aiwan-e-Iqbal,
P.O. Box: 1315,
Lahore-54000, Pakistan
Tel: +9242 636 8000
FAX: +9242 636 484 -85
E-mail Address: info@LahoreStock.com
Web Site: http://www.lse.com.pk