The Karachi Stock Exchange Limited’s notice of extension of suspension of CDS eligibility of ordinary shares of Metropolitan Steel Corporation Limited under the CDC regulations

Karachi, July 25, 2013 (PPI-OT): This is further to our notice dated March 19, 2013 notifying suspension of CDS Eligibility of Ordinary Shares of Metropolitan Steel Corporation Limited (hereinafter referred to as the “Issuer”) on account of its failure to appoint an Independent Registrar/ Transfer Agent for its Ordinary Shares, read with our notice dated June 07, 2013 removing earlier suspension of the said security consequent to removal of suspension of trading by The Karachi Stock Exchange Limited (KSE).

Considering that the Issuer is continuously in default to remove the cause of suspension imposed vide our notice dated March 19, 2013, Central Depository Company of Pakistan Limited has decided that the CDS Eligibility of Ordinary Shares of the Issuer shall remain suspended for a further period of another 60 Business Days commencing from July 18, 2013.

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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