Lahore: M/s. Aba Ali Habib Securities (Private) Limited, a Trading Right Entitlement (TRE) Certificate Holder of the Pakistan Stock Exchange, announced the opening of a new branch office in Lahore, marking a significant expansion in its operational footprint. The new branch is located at Room # 517, 5th Floor, LSE Building, 19 Khayaban-e-Aiwan-e-Iqbal.
The company stated that all conditions outlined under Chapter 22 of the Rule Book of the Exchange, which governs Broker’s Office/Branch Office Regulations, have been meticulously met. This development underscores the firm's adherence to regulatory standards and commitment to broadening its service reach.
According to information available from the Pakistan Stock Exchange (PSX), Mr. Zaheer Ahmed Channa, son of Muhammad Saleh, holding CNIC No. 45205-1593381-3, has been appointed as the Authorized Person/Manager to oversee and manage the operations of the new branch. This appointment aligns with the company's strategic goals for growth and enhanced client service.
The expansion into Lahore is part of Aba Ali Habib Securities’ strategy to enhance its presence in key financial districts, thereby providing more accessible services to its clientele. The authorized person and photograph of the manager have been circulated among market participants as part of the communication on this new branch office.