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Saturday, November 18th, 2017

The Karachi Stock Exchange Limited’s notice of removal of intention to suspend CDS eligibility of ordinary shares of Genertech Pakistan Limited under the CDC regulations

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Karachi, March 12, 2013 (PPI-OT): By our notice dated February 22, 2013 issued to Genertech Pakistan Limited (hereinafter referred to as the “Issuer”) under regulation 5.3.2 of the Central Depository Company of Pakistan Limited Regulations (the “CDC regulations”), we showed our intention to suspend the Central Depository System Eligibility (the ”CDS Eligibility”) of Ordinary Shares (Security Symbol: GENP) of the Issuer with effect from March 06, 2013, if it fails to comply with regulation 13.7.1 of the regulations before the said date.

It is not notified that, as the Issuer has complied with the regulations13.7.1 of the CDC regulations by submitting the reconciliation report of respective period duly certified by their external auditors to CDC, our notice dated February 22, 2013 shall stand removed effective immediately, further, it has also been decided to grant remission of fine Rs. 10,000/- imposed as aforesaid.

It is not notified that, as the Issuer has complied with the regulation 13.7.1 of the CDC regulations by submitting the reconciliation report of respective period duly certified by their external auditors to CDC, our notice dated February 22, 2013 shall stand removed effective immediately, Further it has also been decided to grant remission of fine of Rs. 10,000/- imposed as aforesaid.

For more information, contact:
Karachi Stock Exchange
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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