The Karachi Stock Exchange (Guarantee) Limited’s suspension notice of trading and delisting of MY Bank Limited
Karachi: Pursuant to sanctioning the Scheme of Amalgamation of Mybank Limited with and into Summit Bank Limited under Section 48 of the Banking Ordinance, 1962 by the State Bank of Pakistan and announcement of the final dates of book closure for the entitlement of the shares of Summit Bank Limited to the shareholders of Mybank Limited, it has been decided to suspend trading in the shares of Mybank Limited with effect from the date of commencement of book closure i.e. Friday, July 1, 2011.
It is further notified that the Bank will be deli8ted from the Exchange on account of the reason mentioned above w.e.f. July 6, 2011.
All concerned are requested to note the same.
For more information, contact:
DGM Companies Affairs
Karachi Stock Exchange
Tel: +9221 111-001122
Fax: +9221 3241 0825, +9221 3241 5136