The Karachi Stock Exchange (Guarantee) Limited’s commencement of trading in the upaid renounceable offer letter (ROL) of Treet Corporation Limited
Karachi, July 30, 2012 (PPI-OT): The Karachi Stock Exchange (Guarantee) Limited (KSE) has approved the schedule of issue of un-paid Renounceable Offer Letter (ROL) of Rated, Listed, Secured, Redeemable and Convertible Participation Term Certificates (PTCs) as notified vide our Notice No.KSE/N-3166 dated Juty 3, 2012. The trading in the ROL of the Company will start on this Exchange wet. Monday, July 30, 2012. The first settlement date will be August 1, 2012.
The opening price of ROL will be Rs.5.97 as notified vide Notice No. KSE/N-3477 dated July 27, 2012. Normal circuit breakers will be applicable on the opening price.
The ROL of the Company has already been declared as eligible security by the Central Depository Company of Pakistan Limited (CDC) and all the transactions shall be settled through the NCCPL, which has already assigned the Company Code/Security Symbol as `TREETPTC”.
For more information, Contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136