Karachi: Trading for the unpaid rights of East West Insurance Company Limited is set to commence on the Pakistan Stock Exchange (PSX) starting Thursday, December 5, 2024, according to a notice approved by PSX, notice no. PSX/N - 1156, dated December 2, 2024. The trading will be accompanied by a settlement date scheduled for Monday, December 9, 2024.

The rights issue comes as part of the company's efforts to offer Right Shares, a process that has been greenlit by the Central Depository Company of Pakistan Limited ("CDC"), which has declared the unpaid rights as eligible security. All transactions related to these rights will be processed through the National Clearing Company of Pakistan Limited ("NCCPL"), which has assigned the Company Code/Security Symbol "EWICR3" for these transactions.

According to information available from the Pakistan Stock Exchange (PSX), market participants and all concerned parties have been requested to take note of the scheduled commencement and settlement dates associated with the trading of these rights.