The Securities and Exchange Commission of Pakistan (SECP) held a training session for officials from the Privatization Commission of Pakistan and state-owned enterprises (SOEs) on mergers, amalgamations and restructuring, with a focus on SECP’s framework and processes for schemes of arrangement. The session, hosted at SECP’s head office in Islamabad, was opened by SECP Chairperson Akif Saeed, who highlighted SECP’s role in sanctioning schemes of arrangement for SOEs and the need to build SOE capacity in merger and amalgamation processes. Led by Waseem Ahmed Khan, Director of the Mergers and Restructuring Department, the training covered key compliance requirements and regulatory procedures commonly faced by SOEs when implementing schemes of arrangement, and was attended by nearly 50 senior officials from 24 SOEs, including Privatization Commission representatives. SECP Commissioner Muzzafar Ahmed Mirza also pointed participants to restructuring options under the Companies Act, 2017, the Corporate Rehabilitation Act, 2018, and the Corporate Restructuring Companies Act, 2016.
Securites & Exchange Commission of Pakistan 2025-11-17
Securities and Exchange Commission of Pakistan runs training for Privatization Commission and SOE officials on mergers, amalgamations and corporate restructuring
The Securities and Exchange Commission of Pakistan (SECP) held a training session for Privatization Commission and state-owned enterprise officials on mergers, amalgamations, and restructuring. Led by SECP Chairperson Akif Saeed and Director Waseem Ahmed Khan, the session focused on SECP’s framework for schemes of arrangement and compliance requirements. SECP Commissioner Muzzafar Ahmed Mirza highlighted restructuring options under relevant legislative acts.