KSE extends trading suspension of 15 companies
The trading suspension will be lifted after these companies comply with the requirements of the Karachi Stock Exchange. - File photo
KARACHI: The Karachi Stock Exchange (KSE) has extended the suspension period of 15 companies for another 60 days (effective from December 1, 2009) upon failing to comply with KSE requirements.
According to KSE, the action has been taken to protect the interest of the trade and the public. The KSE management will remove the suspension after these companies comply with the requirements.
The companies are: First Tawakal Modaraba, Kohinoor Looms Ltd, Mian Mohammad Sugar Mills, Tawakal Garments Industries, Zahur Textiles, Tawakal Polyester Industries, Tawakal Ltd, Standard Insurance Co, Ayaz Textiles Mills, Mohib Exports Ltd, Data Agro Ltd, Muslim Ghee Mills Ltd, Ittefaq Textile Mills, Harnai Woolen Mills and Bela Engineering Ltd.—APP
According to KSE, the action has been taken to protect the interest of the trade and the public. The KSE management will remove the suspension after these companies comply with the requirements.
The companies are: First Tawakal Modaraba, Kohinoor Looms Ltd, Mian Mohammad Sugar Mills, Tawakal Garments Industries, Zahur Textiles, Tawakal Polyester Industries, Tawakal Ltd, Standard Insurance Co, Ayaz Textiles Mills, Mohib Exports Ltd, Data Agro Ltd, Muslim Ghee Mills Ltd, Ittefaq Textile Mills, Harnai Woolen Mills and Bela Engineering Ltd.—APP
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