The Karachi Stock Exchange (Guarantee) Limited’s Notice of Removal of Intention To Suspend the CDS Eligibility of Ordinary Shares of Apollo Textile Mill Limited Under the CDC Regulations announcement by
Karachi: The Chief Executive Officer, Apollo Textile Mills Limietd
By our notice dated August 22, 2011 issued to Apollo Textile Mills Limited (hereinafter referred to as the “Issuer”) under Regulation 5.3.2 of the Central Depository Company of Pakistan Limited Regulations (“the CDC Regulations”), we showed our intention to suspend the CDS Eligibility of Ordinary Shares of the Issuer on account of its failure to appoint an independent Registrar/ Transfer Agent (“R/TA”) [consequent to termination of services by its then existing R/TA namely Hameed Majeed Associates (Private) Limited (“HMAL”)] and submit the relevant documents for appointment of its R/TA duly signed by its authorized signatories.
It is now notified that as HMAL has resumed normal R/TA services with respect to Ordinary Shares of the Issuer as confirmed by the Issuer vide letter dared September 10, 2011, our notice dated August 22, 2011 shall stand removed effective immediately.
For more information, contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136