The Karachi Stock Exchange (Guarantee) Limited’s announcement about suspension of trading in the shares of the Companies

Karachi: This is in continuation of our Notice No.KSE/N-1854 dated April 6, 2011 in respect of suspension of trading in the shares of following companies:

1. Crescent Spinning Mills Limited
2. Colony Woollen Mills Limited
3. Schon Textiles Limited

Since the above companies have not so far removed the cause of suspension of trading in their shares, the Management of the Karachi Stock Exchange (Guarantee) Limited (KSE) in the interest of trade and public and in exercise of the powers vested under Listing Regulation No.5(2)(iii) read with Section 9(7) of the Securities and Exchange Ordinance, 1969 has decided that trading in the shares of those companies shall be kept suspended for a further period of 60 days from June 7,2011 or until such time as the cause of suspension is removed.

For more information, contact:
Muhammad Ghufran
DGM Companies Affairs
Karachi Stock Exchange
Tel: +9221 111-001122
Fax: +9221 3241 0825, +9221 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk

Leave a Reply