The Karachi Stock Exchange Limited’s notice of extension of suspension of CDS eligibility of Modaraba Certificates of First Tri-Star Modaraba under the CDC regulations

Karachi, July 23, 2013 (PPI-OT): This is further to our notice dated April 23, 2013 notifying suspension of CDS Eligibility of Modaraba Certificates (Security Symbol: FTSM) of First Tri-Star Modaraba (hereinafter referred to as the “Issuer”) for 60 Business Days commencing from April 24, 2013 on account of its failure to settle the CDC invoices accordance with the Fees and Deposits Schedule in discharge of its obligation under the CDC Regulations.

Considering that the Issuer is continuously in default to settle the outstanding dues, Central Depository Company of Pakistan Limited has decided that the CDS Eligibility of Modaraba Certificates of the Issuer shall remain suspended for a further period of another 60 Business Days commencing from July 18, 2013.

Restoration of CDS Eligibility of Modaraba Certificates of the Issuer shall be subject to removal of cause of suspension in every respect.

For more information, contact:
Fazal Hussain Gaffoor
CFO and Company Secretary
The Karachi Stock Exchange Limited
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk

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