The Karachi Stock Exchange Limited’s notice of extension of suspension of CDS eligibility of ordinary shares of Pak Leather Crafts Limited under the CDC regulations
Karachi, July 25, 2013 (PPI-OT): This is further to our notice dated April 24, 2013 notifying suspension of CDS Eligibility of Ordinary Shares (Security Symbol: PAKL) of Pak Leather Crafts Limited (hereinafter referred to as the “Issuer”) for 60 Business Days commencing from April 25, 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 Ordinary Shares of the Issuer shall remain suspended for a further period of another 60 Business Days commencing from July 19, 2013.
Restoration of CDS Eligibility of Ordinary Shares of the Issuer shall be subject to removal of causes 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