KARACHI: The leading brokers of the Karachi stock market are desperately waiting for the Supreme Court’s judgment on a petition seeking revocation of the licence of Worldcall Telecom Limited on violation of PEMRA Ordinance.
The leading brokers of the stock market having accumulated large lots of the free float of Worldcall at reasonable discount are anxiously waiting for the SC’s verdict.
As on December 31, 2009, First Capital held 4.221 million ordinary shares of Worldcall and Arif Habib Securities 72.914 million ordinary shares.
