Karachi Stock Exchange (Guarantee) Limited’s Suspension of Trading in the Shares of Saitex Spinning Mills Limited

Karachi: Since Saitex Spinning Mills Limited has not so far removed the causes of suspension of trading in its shares, the Management of The Karachi Stock Exchange (Guarantee) Limited (KSE) in the interest of trade and public and in exercise of the powers vested under Listing Regulation No. 5(2) (iii) read with Section 9 (7) of the Securities and Exchange Ordinance, 1969 has decided that trading in the shares of the Company shall remain suspended for a further period of 60 days effective from December 23, 2011 or until such time as the cause of suspension is removed.

For more information, contact:
Muhammad Ghufran
DGM Companies Affairs
Karachi Stock Exchange
Tel: +9221 111 001 122
Fax: +9221 3241 0825, 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk