Siddiqsons Tin Plate Limited Appeals Singapore High Court Decision

Karachi: Siddiqsons Tin Plate Limited has officially filed an appeal in the Supreme Court of Singapore, contesting a decision made by the Singapore High Court on August 28, 2024. This legal move comes after the earlier court ruling in case number OA 809/2022, details of which Siddiqsons has kept confidential as part of ongoing legal proceedings.

According to information available from the Pakistan Stock Exchange (PSX), the company has been in compliance with both the Securities and Exchange Ordinance 1969 and the corporate governance rules stipulated in the PSX Rule Book, specifically Clause 5.19.13 (c). This appeal marks a significant step in Siddiqsons Tin Plate Limited's efforts to manage its international legal challenges effectively.

The company has informed TRE Certificate Holders and stakeholders through an official notification, underscoring its commitment to transparency and regulatory compliance amidst these complex legal proceedings.