KSE adds 9 companies to defaulters’ list – Alfalah Securities Limited

Karachi, January 10, 2013 (PPI-OT): Karachi Stock Exchange (KSE) has placed nine companies on the defaulters list and directed these companies to pay their dues within 90 days,

According to Alfalah Securities Limited, otherwise their shares trading would be suspended and might be put under compulsory buyback of shares. These mills have failed to pay the annual listing fee for two or more years. The companies put on default counter include Chenab Ltd., Dandot Cement Company Ltd., Gammon Pakistan Ltd., Gulistan Textile Mills Ltd., Gulshan Spinning Mills Ltd., Mandviwala Mauser Plastic Industries Ltd., Pak Leather Crafts Ltd., SG Fibre Limited and Transmission Engineering Industries Ltd.

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