The Karachi Stock Exchange (Guarantee) Limited’s notice of revocation of CDS eligibility of term finance certificates – TFC of Searle Pakistan Limited
Karachi: This is to notify that consequent to final redemption of Term Finance Certificates – TFC (09-03-06) (Security Symbol: SEARLTFC) (hereinafter referred to as “the said Securities”) of Searle of Pakistan Limited (hereinafter referred to as “the Issuer”) as notified by the Issuer vide letter, no. C/CDC-revoke (TFC)/20110620 dated June 20, 2011 and confirmed by its Auditors Anjum Asim Shahid Rahman., Chartered Accountants vide certificate dated June 16, 2011 and resultant delisting of the said Securities by the Karachi Stock Exchange (Guarantee) Limited (KSE) vide notice no. KSE/N-3454 dated June 23, 2011, CDC has decided to revoke the CDS Eligibility of the said Securities with effect from Thursday, June 30, 2011 (hereinafter referred to as “the Effective Date”) under and in terms of Regulation 5.5A.1 of the CDC Regulations, according to which Book-entry Securities representing the said Securities held in relevant Accounts and Sub-Accounts in the CDS including those under Pledged Position (If any) would stand cancelled as at the Effective Date.
For more information, contact:
Fazal Hussain Gaffor
CFO and Company Secretary
Karachi Stock Exchange
Tel: +9221 111 001 122
Fax: +9221 3241 0825, +9221 3241 5136