Karachi: In a strategic move to enhance its market presence, Syed Faraz Equities (Private) Limited, a Trading Right Entitlement Certificate (TREC) holder with TREC No. 532, has announced the opening of a new branch office in Karachi. This development, dated October 2023, marks a significant expansion for the firm in the designated market category of the Pakistan Stock Exchange (PSX).

The new branch is strategically located at Office No. 903, 9th Floor, Clifton Diamond Building, Plot No. BC-10, Block – 4, KDA Scheme No. 5, Clifton, Karachi. According to information available from the Pakistan Stock Exchange (PSX), the company has fulfilled all the necessary requirements as stipulated under the Chapter 22 of the Rule Book of the Exchange, which pertains to Broker’s Office/Branch Office Regulations.

Syed Muhammad Faraz, son of Syed Muhammad Sami, has been appointed as the Authorized Person and Branch Head. He will oversee the operations of the new office. Syed Muhammad Faraz, bearing CNIC No. 61101-7583386-3, brings a wealth of experience to this position. The company has also provided his photograph to ensure transparency and recognition.

This expansion aligns with Syed Faraz Equities’ long-term strategy to broaden its footprint in Pakistan’s financial markets. The firm continues to demonstrate commitment to providing enhanced services to its clients by making strategic investments in key locations.