The Karachi Stock Exchange (Guarantee) Limited’s notice of extension of suspension of CDS eligibility of ordinary shares of Ali Asghar Textile Limited under the CDC regulations

Karachi: This is further to our notice dated May 18, 2011 notifying extension of suspension, of CDS Eligibility of Ordinary Shares (Security Symbol: AATM) of Ali Asghar Textile Mills Limited (hereinafter referred to as the “Issuer”) for 60 Business Days commencing from May 19, 2011 on account of its failure to settle the CDC invoices in accordance with the Schedule in discharge of its obligation under the CDC Regulations.

Considering that the Issuer is continuously in default to settle the outstanding dues, Central Depository Company of Pakistan Limited has decided that the CSS Eligibility of Ordinary Shares of the Issuer shall remain suspended for a further period of 60 Business Days commencing from July 28, 2011.

For more information, contact:
Fazal Hussain Gaffoor
CEO and Company Secretary
Karachi Stock Exchange
Tel: +9221 111 001 122
Fax: +9221 3241 0825, +9221 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk