Karachi, Image Pakistan Limited informed Pakistan Stock Exchange that the company have decided to issue 75 Right Shares for every 100 shares held i.e 75% as par/at a discount/premium of Rs. 5 per shares.
Further, the share transfer book of the Company will remain closed from August 02, 2021 to August 09, 2021 (both days inclusive).
Image Pakistan Limited, formerly Tri-Star Polyester Limited, was incorporated in Pakistan as a Public Limited Company on November 14, 1990 under Companies Ordinance, 1984. The Company 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.