Karachi, June 28, 2013 (PPI-OT): In compliance of clause 7 of the “Right Issue procedures” provided in your letter No. KSE/C-288-1419 dated March 19, 2013, we are pleased to inform you that the Right Issue of Ghani Value Glass Limited (GVGL) amounting PKR 113,025,000 has been subscribed by 98% as of the last date of payment and acceptance of shares i.e. June 20, 2013. As per the detail received from the Banker to the Issue, Habib Metropolitan Bank Ltd the total amount subscribed is PKR 110,774,740.
The details of subscription are as follows:
Total Issue Size PKR 113,025,000
Subscribed Amount PKR 110,774,740
Unsubscribed Amount PKR 2,250,260
For more information, contact:
Hafiz Mohammad Imran Sabir
Company Secretary
Ghani Value Glass Limited
40-L, Model Town Ext,
Lahore-Pakistan
UAN: 111-949-949
Tel: +92-42-35174025
Fax: +92-42-35172263
E- mail: info@ghanivalueglass.com
Web: www.ghanivlaueglass.com