The Karachi stock exchange (Guarantee) Limited’s schedule for handling unpaid rights of Shaheen Insurance Company Limited

Karachi: Please find attached the Schedule for handling Unpaid Rights through CDS, the schedule is also being circulated to the CDS Elements through “CDS-Notice Managing System”.

This is for your information and necessary action if any,

Schedule for Handling of Unpaid Rights Through CDS

This is to inform you that unpaid rights for the below mentioned security will be handled in CDS as per the following schedule:


Security Name: Shaheen Insurance Company Limited
Security ID: PK0076001012
Security Symbol: SHNI
Book Closure: 01 March 2012 till 08 March 2012
Right Ratio: 20%
Right Security Name: Shaheen Insurance Company Limited- LoR (3rd Issue)
Right Security Symbol: SHNIR1



Activities pertaining to unpaid rights Date
Start date for subscription in CDS Tuesday, 27 March 2012
Last date for Initiation of withdrawal request Monday, 02 April 2012
Commencement of trading of unpaid right (LOR) at Stock Exchanges Wednesday, 28 March 2012
Last date for initiation of deposit request Friday 20, April 2012
Last date of trading at Stock Exchange Wednesday 02, May 2012
Last date for initiation of Pledge request Thursday, 03 May 2012
Last date for movement of securities (Free Delivery Transaction) Thursday, 03 May 2012
Last date of Subscription request and payments Wednesday, 09 May 2012
Last date of Pledge release and Pledge call Wednesday, 09 May 2012
Tentative date for credit of shares against right issue Tuesday, 29 May 2012


These dates are based on the schedule for right issue announced by the Karachi Stock Exchange.

Should you have any queries or concerns, please feel free to call our Customer Support Services at 0800-CDC (23275).

For more information, contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136

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