Trading volume and price of Service Fabrics Limited

Karachi, Pakistan Stock Exchange informed about letter dated May 12, 2016 received from Securities & Exchange Commission of Pakistan. In this regard, while reviewing the data of the company at the Karachi Automated Trading System (“KATS”) it has been observed that the trading volumes and price of SERF over the last month as experienced volatility.

Service Fabrics Limited (SFL) is a public limited company (listed on Stock Exchanges). The company was incorporated in 1987 and is equipped with 96 Sulzer shuttleless looms, sizing from Zell and warping from Beninger. The project is situated at Manga, Lahore, with a capacity to produce nearly 20.000 million meters grey cloth per annum of various constructions. Almost entire production of the company is being exported to Far East & Europe with more than Rs. 725,000 million annual sales. In 1997, Service Fabrics was awarded a special merit trophy from the Federation of Pakistan Chamber of Commerce and Industry (FPCCI).

The symbol “SERF” is being used by the stock exchanges for the Service Fabrics Limited.