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The Karachi Stock Exchange (Guarantee) Limited’s schedule for handling unpaid rights of East West Insurance Company Limited

Karachi: Please find attached the revised Schedule for handling Unpaid Rights through CDS, the schedule is also being circulated to the CDS Elements through “CDS-Notice Managing System”.

Schedule for Handling of Unpaid Rights Through CDS

This is to inform you that unpaid rights for the below mentioned security will be handled in CDS as per the following schedule:

 

Security Name: East West Insurance Company Limited
Security ID: PK0027101010
Security Symbol: EWIC
Book Closure: 09 November 2011 till 13 November 2011
Right Ratio: 10%
Right Security Name: East West Insurance Company Limited- LoR
Right Security Symbol: EWICR

 

 

Activities pertaining to unpaid rights

Date

Start date for subscription in CDS Wednesday, 16 November 2011
Last date for Initiation of withdrawal request Tuesday, 22 November 2011
Commencement of trading of unpaid right (LOR) at Stock Exchange Wednesday, 16 November 2011
Last date for initiation of deposit request Monday, 28 November 2011
Last date of trading at Stock Exchange Friday, 28 November 2011
Last date for initiation of Pledge request Monday, 12 December 2011
Last date for movement of securities (Free Delivery Transaction) Monday, 12 December 2011
Last date of Subscription request and payments Friday, 16 December 2011
Last date of Pledge release and Pledge call Friday, 16 December 2011
Tentative date for credit of shares against right issue Monday, 02 January 2012

 

These dates are based on the schedu1e for right issue announced by the Karachi Stock Exchange.

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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