ISLAMABAD: The National Assembly Wednesday unanimously passed the Companies (Amendment) Bill, 2015, moved by Federal Finance Minister Ishaq Dar.
Listed Companies which feel that their shares are undervalued on the stock market, may buy back/repurchases their shares which may improve the earning per share of such companies and bring stability in the market price of such shares.
Meanwhile, Deputy Speaker Murtaza Javed Abbasi deferred the Pakistan Halal Authority Bill 2015 for Thursday to reach at consensus after Jamiat-e-Ulema-e-Islam (JUI-F) member Naeema Kishwar sought amendment in clause 17.
JUI-F Chief Maulana Fazlur Rehman said that utmost care should be taken during legislation. He was of the views that there should be proper check on import and export of commodities. He said that only Halal products should be imported. Minister for Climate Change Zahid Hamid said that reservations of members would be addressed.
