Karachi: In accordance with Listing Regulation No. 30-A (ii), we are pleased to inform you that the voluntary Delisting Committee of the Exchange has approved the revised offer of the sponsors to purchase the ordinary shares at a minimum buy-back price of Rs. 14,50/- per share, subject to purchase of at least 25,000 ordinary shares out of the total 1,367,196 ordinary shares outstanding with the shareholders other than sponsors, to quality for delisting.
We are also enclosing herewith the required documents / information with specimen thereof for necessary compliance.
You are requested to please convey us the acceptable of the sponsors under Listing Regulation No. 30-D (iv) and ensure compliance of the times bound requirements as laid-down under the relevant Listing Regulations.
For more information, contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136