Breaking News

The Karachi Stock Exchange (Guarantee) Limited’s notice of extension of suspension of CDS eligibility of ordinary shares of S.G. Fibre Limited under the CDC regulations

Karachi, July 20, 2012 (PPI-OT): Further to our notice dated April 24, 2012 notifying suspension of CDS Eligibility of Ordinary Shara (Security Symbol: SGFL) of S. G. Fibre Limited (hereinafter referred to as the “Issuer” on account of failure of the Issuer to comply with Regulation 13.7.1 by submitting R/TA Reconciliation Reports (correct as of June 30, 2011 duly authenticated by their external audition and half-year ended December 31, 2011) along with payment of fine as imposed thereon.

Considering that the Issuer is continuously in default to comply with Regulation 13.7.1, as well as payment of fine imposed as Aforesaid, Central Depository Company of Pakistan Limited has deleted that the CDS Eligibility of Ordinary Shares of the Issuer shall remain suspended for a further period of 60 Business Days commencing from July 19, 2012.

For more information, Contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk

Check Also

Shahbaz approves vocational training for prisoners

Punjab Chief Minister Muhammad Shahbaz Sharif has given the approval for the training courses of the prisoners in prisons in the ten districts of Punjab under the Technical Education and Vocational Training Authority (TEVTA). In a statement issued fro...

Leave a Reply

Your email address will not be published. Required fields are marked *