Pakistan Company News – Stock Exchange Announcements

Category Archives: Stock Exchange Announcements

The Karachi Stock Exchange (Guarantee) Limited’s Issuance of Right Shares at 92 % at Discount of Rs. 5/-per Share

Karachi: 1. With reference our application dated May 12, 2011 enclosing the required documents for issue of right shares, we hereby further confirm as under:- “We shall abide by the CDC and KSE procedures relating to right shares and shall deposit the unpaid right in Demat (Book Entry) within time frame as stipulated under the CDC procedure under …

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 …