The Karachi Stock Exchange (Guarantee) Limited’s restoration of trading rights and terminals of Zafar Moti Capital Securities (Pvt.) Limited

Karachi: In pursuance of the Order dated December 28, 2011 passed by Securities and Exchange Commission of Pakistan SECP] suspending the Broker Registration of Zafar Moti Capital Securities (Pvt.) Limited for a period of fifteen days from the date of the said Order, the Karachi Stock Exchange had also suspended trading rights and switched-off trading terminals of the said member with immediate effect, vide its Notice No. KSE-N/6670 dated December 29, 2011.

Now the said member has provided to the Exchange a certified copy of an Order dated December 30, 2011 passed by the Honourable High Court of Sindh in CP No. 4216 of 2011, whereby the operation of the SECP’s aforesaid Order has been suspended till January 12, 2012. Consequently, the Exchange in compliance of the court order has restored the trading rights and trading terminals of the member with immediate effect until further notice.

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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