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

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

Schedule for handling of Unpaid rights through CDS

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

Security Name: Asia insurance Company Limited

Security ID: PK0024401017

Security Symbol: ASIC

Book Closure: 24 September 2011 till 30 September 2011

Right Ratio: 20%

Right security Name: Asia Insurance Company Limited – LoR

Right Security Symbol: ASICR1


Activities pertaining to Unpaid rights Date
Start date for subscription In CDS Monday, 03 October 2011
Last date for initiation of Withdrawal request  Saturday, 08 October 2011
Commencement of trading of unpaid Right (LOR) at Stock Exchanges Friday, 07 October 2011
Last date for initiation of deposit request Monday, 31 October 2011
Last date of trading at Stock Exchange Friday, 11 November 2011
Last date for initiation of Pledge request Monday, l4 November 2011
Last date for movement of securities (Free Delivery transaction) Monday, 14 November 2011
Last date of Subscription request and payments Friday, 18 November 2011
Last date of Pledge release and Pledge Call Friday, 18 November 2011
Tentative date for credit of shares against rights issue Tuesday, 06 December 2011


These dates are based on the schedule 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

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