At the local final of the CFA Institute Research Challenge 2012-13, students of Institute of Business Administration (IBA) emerged as winners to represent Pakistan at the Asia Pacific Regional Final of the competition to be held in Kuala Lumpur, Malaysia on February 22-23.
Owing to the credible repute and excellent performance, Fatima Fertiliser was chosen as the subject company for research this year. Students from 11 leading business schools participated in the competition which requires preparing detailed equity research report on the target company.
Arif Habib, Chairman, Fatima Fertiliser Limited graced the occasion as the chief guest and appreciated the quality of the young presenters and their ability to handle testing questions from the esteemed panel of judges. He quoted with relevant examples how the Pakistan market continued to provide opportunities for good managers and continuation of democratic process would help unlock asset values.
He however stressed need to facilitate new listings via procedural changes and tax incentives to provide depth to the market. Being the largest compound fertiliser manufacturers in Pakistan, Fatima Fertilisers started its commercial operations in July 2011 and has already received prominent recognition on various platforms like Best Performing Stock 2011 and Corporate Excellence Award 2012.-PR