The Securities and Exchange Commission of Pakistan (SECP) has recently issued a concept paper proposing wide-ranging amendments to the Companies Act, 2017 (accessible here). We are pleased to have submitted the Firm’s detailed comments on the proposed reforms to the SECP (accessible here). If you would like to discuss any aspect of the proposed amendments…
Haidermota & Co. represented State Owned Entities of Pakistan – Oil & Gas Development Company Limited, Pakistan Petroleum Limited, Government Holdings (Private) Limited and Pakistan Minerals (Private) Limited- in a landmark transaction involving settlement of disputes at ICSID and ICC and reconstitution of the Reko Diq Project. The State Owned Entities own 25% interest in the Project…
The Firm assisted Securities and Exchange Commission of Pakistan (SECP) to update the REIT Regulations allowing investments in a broad array of projects that could be undertaken by various types of real estate investment trusts (REITs). The revamped regulatory regime is all set to revitalize REITs in Pakistan.
Haidermota & Co. (along with its transaction advisory partners EY in Pakistan and Exponent Engineers (Pvt.) Limited) represented Sindh Infrastructure Development Company Limited (SIDCL) in the operationalization of the 21 km Green Line Bus Rapid Transit Project – the Green Line Project aims to improve the quality of mass transportation in Karachi, Pakistan. The Firm advised on multiple facets of…
Haidermota & Co. successfully represented Fauji Foundation (FF) and Fauji Fertilizer Bin Qasim Limited (FFBL) in the sale of their entire shareholding in Foundation Wind Energy – I Limited and Foundation Wind Energy – II Limited to Fauji Fertilizer Company Limited. The Firm drafted and negotiated the Share Purchase Agreement and assisted FF and FFBL…
The Firm is extremely pleased to be part of InfraZamin Pakistan’s first transaction involving provision of long term funding of PKR 2.1 Billion to Multinet. Privileged to be part of their journey from inception and to now see it close its first deal. For more details, please see the link below. https://lnkd.in/d3AvSBTc
Haidermota & Co. represented JS Bank Limited (JSBL) (as an entity accredited by the Green Climate Fund (GCF)) on all Pakistan law aspects related to execution of its Funded Activity Agreement with GCF. JSBL is Pakistan’s first financial institution to have been accredited by GCF countries, including Pakistan, to raise and realize their Nationally Determined…