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October 13, 2001
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Saturday
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Rajab 25, 1422
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Suspension period extended
KARACHI, Oct 12: The management of Karachi Stock Exchange has extended the suspension period for trading in shares of Indus Bank Limited and National Fibre Limited for a further period of 60 days from October 12.
The suspension period was extended as both companies failed to remove the cause of suspension of trading in their shares due to which the KSE management, in the interest of trade and public, exercised its powers under Listing Regulations and Section 9 of the Securities and Exchange Ordinance, 1969.
The suspension in trading of share will continue till such time as the cause of suspension is removed, KSE explained in its notice.—APP
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