The Karachi Stock Exchange (Guarantee) Limited’s receipt of subscription amount towards right issue of shares or Media Times Limited (“the Company”)
Karachi: Reference is made to the subject cited subject and would like to inform you that we have received an amount of Rs. 17,581,950/- towards right issue of shares of the Company.
The Right Issue is under subscribe by Rs. 429,545,570/- and therefore, the Company is in the process of completion of remaining necessary formalities to call the Underwriter to subscribe the un-subscribed right shares of the Company in respect of the captioned subject and shall be intimated / informed to The Karachi Stock Exchange (Guarantee) Limited (KSE) accordingly as per your instructions vide KSE letter No. KSE/C-1126-224 dated 11 January 2011.
For more information, contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136