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Friday, July 30th, 2021

The Karachi Stock Exchange (Guarantee) Limited’s Issuance of Right Shares at 92 % at Discount of Rs. 5/-per Share

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Karachi: 1. With reference our application dated May 12, 2011 enclosing the required documents for issue of right shares, we hereby further confirm as under:-

“We shall abide by the CDC and KSE procedures relating to right shares and shall deposit the unpaid right in Demat (Book Entry) within time frame as stipulated under the CDC procedure under the CDC Regulations as well as the KSE Regulations conveyed vide letter No. KSE/C 041-884 dated February 07, 2011 The payment of unpaid right letter will be made by cash or crossed cheque or demand draft or pay order made out to the Credit of Fauji Cement Company Limited through any of the authorized branches of Faysal Bank Limited in Pakistan as per tentative schedule submitted to you vide our above referred letter”.

2. The shareholders holding shares of the Company in physical forth should please note that under the CDC applicable right shares procedures, the physical shareholder can renounce his Letter of Right (LoR) by routing through his own CDC IAS Account/Sub Account to a shareholder who is the IAS Account / Sub Account holder with CDC and no credit of right shares will be allowed in book entry form against subscription of physical Letter of Rights (LoRs), We shall request to kindly approve the drafts of Letter of Intimation, Letter of Rights to physical shareholder and the tentative schedule already submitted vide our above referred application.

Schedule for Issuance of Letter Rights

Book Closure from 20th May to 26th May 2011 (both days inclusive)

S.No   Day Date
1. Date of Credit of Unpaid Rights into CDS in Book Entry Form Friday 27-05-2011
2. Disptach of Letter of Right (LOR) to Physical Shareholders Saturday 28-05-2011
3. Intimation to Stock Exchange(s) for dispatch of Physical letter of Rights Monday 30-05-2011
4. Commencement of trading of Unpaid Rights on the Stock Exchange(s) Tuesday 31-05-2011
5. Last Date for Splitting and deposit of Request into CDS Wednesday 15-06-2011
6. Last Date of trading of Right Letter Thursday 23-06-2011
7. Last date for acceptance and Payment of shares in Physical / CDS form Wednesday 29-06-2011
8. Allotment of Shares and Credit of Book entry of shares into CDS Wednesday 13-07-2011
9. Date of dispatch of Physical shares certificates Thursday 21-07-2011

For more information, contact:

Karachi Stock Exchange

Tel: +9221 111-001122

Fax: +9221 3241 0825, +9221 3241 5136

Email: [email protected]



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