Karachi, June 17, 2013 (PPI-OT): Further to our letter. No. FL/June-2013/OPS/15 dated June 11, 2013 in respect of setting up of securities of Hallmark Insurance Company Limited (formerly Raja Insurance Company Limited) (the “Issuer”) represented by ordinary shares of the Issuer in terms of declaration of CDS Eligibility of such security by CDC vide notice [...]
Karachi, June 17, 2013 (PPI-OT): This is with reference to the National Clearing and Settlement System (“NCSS”) Procedures pertaining to the determination and notification of marketable lots of all NCSS eligible securities. In this respect, in accordance with clause 2.4.3.1. of NCSS Procedures, the National Clearing Company of Pakistan Limited (“NCCPL”) is authorized to determine [...]
Karachi, June 14, 2013 (PPI-OT): Further to our Notice No.KSE/N-572 dated February 1, 2013. Consequent to final redemption of 3rd Issue of Term Finance Certificates (TFCs) of Standard Bank (Pakistan) Limited and confirmation of the same by the Bank vide letter dated June 10, 2013 supported with Auditor’s Certificate thereof and as notified vide Notice [...]
Karachi, June 13, 2013 (PPI-OT): By our notice dated May 28, 2013 Issued to (Colony) Thal Textile Mills Limited (hereinafter referred to as the “Issuer”) under Regulation 5.3.2 of Central Depository Company of Pakistan Limited Regulations (“the CDC Regulations”), we showed our intention to suspend the Central Depository System Eligibility (“CDS Eligibility”) of the Ordinary [...]
Karachi, June 13, 2013 (PPI-OT): The Pakistani Stock Market has a total investor base of around two hundred and fifty thousand investors (including investors of mutual funds). Such a small overall base cannot be considered as adequate to keep volumes at a desired level. Comparable markets such as India and Bangladesh boast investor base of [...]
Karachi, June 13, 2013 (PPI-OT): All market participants are hereby informed that M/s. Altaf Adam Securities (Private) Limited, Corporate TRE Certificate Holder-KSE has shifted its Office from Cubicle No. 25, Old Stock Exchange Building, Stock Exchange Road, Karachi to Suit No. 807, 8th Floor, Stock Exchange Building, Stock Exchange Road, Karachi. Mr. Altaf Adam S/o [...]
Karachi, June 10, 2013 (PPI-OT): Further to our notice dated March 7, 2013 notifying suspension of CDS Eligibility of Ordinary Shares (Security Symbol: SGPL) of S.G. Power Limited (hereinafter referred to as the “Issuer”) on account of failure of the Issue to comply with Regulation 13.7.1 by submitting R/TA Reconciliation Report along with payment of [...]
Karachi, June 10, 2013 (PPI-OT): Further to our notice dated March 7, 2013 and March 13, 2013 notifying suspension of CDS Eligibility of Ordinary Shares (Security Symbol: MOON) of Moonlite (Pak) Limited (hereinafter referred to as the “Issuer”) on account of failure of the Issue to comply with Regulation 13.7.1 by submitting R/TA Reconciliation Report [...]
Karachi, June 10, 2013 (PPI-OT): Further to our notice dated March 7, 2013notifying suspension of CDS Eligibility of Ordinary Shares (Security Symbol: FTM) of Fawad Textile Mills Limited (hereinafter referred to as the “Issuer”) on account of failure of the Issue to comply with Regulation 13.7.1 by submitting R/TA Reconciliation Report along with payment of [...]