Pakistan Company News – Stock Exchange Announcements

Category Archives: Stock Exchange Announcements

The Karachi Stock Exchange (Guarantee) Limited’s Atlas Fund of Funds Weekly Report on Details of own Certificates Rerpurchased For the Period: May 16, 2011 to May 20, 2011

Karachi: This is in continuation of our earlier correspondence with you on the subject of repurchase of own certificates by Atlas Fund of Funds (ATFF), in accordance with the procedure prescribed under Circular No.14 of 2009 issued by the securities and exchange commission of Pakistan (the Commission), dated May 4, 2009. As required under Clause 3 (v) …

The Karachi Stock Exchange (Guarantee) Limited’s Receipt of full amount of Rights offered by Cherat Papersack Limited

Karachi: We are please to inform you that the unsubscribed amount has been deposited in bank. In this regard, please find enclosed herewith the Auditor’s Certificate confirming that the proceeds have been deposited with the Banker to the Issue, Bank Al Habib Limited. Auditor’s Certificate on Receipt of Proceeds against Issue of Right Shares This …

The Karachi Stock Exchange (Guarantee) Limited’s Proposed Merger of MCB Asset Management Company Limited with Arif Habib Investments Limited

Karachi: With reference to your letter No KSE/C-1054-C-7042 dated October 19, 2010 on the above cited subject, pleased find enclosed the following: 1. 300 printed copies of Scheme of Amalgamation under section 282L of the Companies Ordinance, 1984 for the Amalgamation of MCB Asset Management Company Limited with and into Arif Habib Investments Limited. …

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 March 09, 2011 notifying suspension of CDS Eligibility of Ordinary Shares of Ali Azghar Textile Mills Limited (hereinafter referred to as the “Issuer”) with effect from Match 10, 2011011 account of failure to settle the CDC invoices in accordance with the Schedule in discharge of its obligation under …

Suspension of trading in the shares of companies pursuant to the directives received from Securities and Exchange Commission of Pakistan

Karachi: Pursuant to the directives received from Securities and Exchange Commission of Pakistan vide letter No.SMD/SE/2(199)/2009 dated May 13, 2011, trading in the shares of following companies shall remain suspended for a further period of 60 days with effect from May 20, 2011 under section 9(7) of the Securities and Exchange Ordinance, 1969. 1. …

Suspension of trading in the shares of Modern Textile Mills Limited announcement by the Karachi Stock Exchange (Guarantee) Limited

Karachi: Since Modern Textile Mills Limited has not so far removed the cause 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 in it under Sub-Section (7) of Section 9 of the Securities and Exchange Ordinance, 1969 and …