Arif Habib Corporation Limited’s Arif Habib Corporation Limited (AHCL) Dispatch / Credit of Shares of AISHA Steel Mills Limited (ASML) against Interim Specie Dividend for the Third Quarter and Nine Months Ended 31st March 2012
Karachi, June 05, 2012 (PPI-OT): This is to inform that in -accordance with the announcement made earlier for distribution of interim specie dividend by Arif Habib Corporation Limited (AHCL) for the third quarter / nine months ended 31st March 2012, convertible preference shares of Aisha Steel Mills Limited (ASML) have been credited to the respective accounts / sub-accounts of the shareholders in the Central Depository System at the end of day of 4th June 2012. These shares are distributed in the ratio of 1:10 (1 preference share of ASML for every 10 shares held of AHCL).
Further, physical share certificates have also been dispatched to respective shareholders on 4th June 2012.
Furthermore, this is to inform that after listing of ASML shares which is in process, fractional entitlement of less than one share shall be consolidated and disposed off through a member of stock exchange. The company shall inform exchange about the number of shares sold, the rate and the members’ name immediately after its disposal. The proceeds shall be distributed amongst the shareholders according to their entitlements.
For more information, Contact:
Arif Habib Corporation Limited
Arif Habib Centre,
23 M. T. Khan Road, Karachi 74000