Globe Textile Mills (OE) Limited’s voluntary de-listing - AsiaNet-Pakistan

Globe Textile Mills (OE) Limited’s voluntary de-listing

[ 0 ] September 20, 2012 | Miscellaneous | Share:

Karachi, September 20, 2012 (PPI-OT): This is with reference to your letter no. KSE/C-316-A-6804 dated September 17, 2012 regarding the captioned subject. We hereby convey our acceptance to purchase ordinary shares of the Company at a buy-back price of Rs. 40/- per share subject to the Company having been delisted pursuant to the acquisition of 103,000 ordinary shares (5% of total outstanding shares) with the shareholders other than sponsors, as approved by the Voluntary Delisting Committee of the Exchange in order to quality for delisting.

For more information, contact:
Arshad Arif
Director
Globe Textile Mills (OE) Limited
105, Ibrahim Trade Tower,
Shahrah-e-Faisal, Karachi – Pakistan
Tel: 34327534, 34327535
Fax: 34327536
E-mail: info@globeoe.com

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Category: Miscellaneous

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