Right Issue of Tri-Star Polyester

General

Karachi, Tri-Star Polyester informed Pakistan Stock Exchange that the board of Directors of the Company have been received from the relevant Banks in respect of the Right Issue of the Company, in the aggregate amount of Rs. 639,891,015/- (i.e. 42,659,401 shares @ Rs. 15 per share), carried out pursuant to the resolutions passed by the Board on July 12, 2021.

Tri Star Polyester Limited is a Polyester Filament Yarn manufacturing plant established in 1992 and is situated at S.I.T.E., Karachi having a capacity of 4,200 tons/annum based on 75 denier.

The symbol “TRPOL” is being used by the stock exchanges for the Tri Star Polyester Limited.