Home / Stock Exchange Announcements / The Karachi Stock Exchange (Guarantee) Limited’s notice of extension of suspension of CDS eligibility of ordinary shares of Shahpur Textile Mills Limited under the CDC regulations

The Karachi Stock Exchange (Guarantee) Limited’s notice of extension of suspension of CDS eligibility of ordinary shares of Shahpur Textile Mills Limited under the CDC regulations

Karachi: The Chief Executive Officer, Shahpur Textile Mills Limited

Further to our notice dated October 07, 2011 notifying extension of suspension of CDS Eligibility of Ordinary Shares (Security Symbol: SHTM) of Shahpur Textile Mills Limited (hereinafter referred to as the “Issuer’) on account of failure to pay the fine as imposed vide our notice dated December 20, 2010 due to non-compliance of CDC Regulations, this is to notify that in view of continuous default by the Issuer with regards to payment of’ fine as aforesaid, Central Depository Company of Pakistan Limited has decided that the CDS Eligibility of Ordinary Shares of the Issuer shall remain suspended for a further period of 60 Business Days commencing from November 24, 2011.

For more information, contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk

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