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Karachi, Pakistan Stock Exchange informed that trading in the shares of Business & Industrial Insurance Co. Limited shall remain suspended for another period of 60 days from July 22, 2016 or until such time as the cause of suspension have been rectified.
Further, the decision for suspension has been taken in exercise of the powers vested in the exchange under Sub-Section (7) of Section 19 of the Securities Act, 2015 and clause 5.11 of the PSX regulations.
Business & Industrial Insurance Co. Ltd. is an education management company based out of Jinnah Avenue, Islamabad, Islamabad Capital Territory, Pakistan.