The Karachi Stock Exchange Limited’s notice of removal of intention to suspend CDS eligibility of non-voting ordinary shares of Noon Pakistan Limited under the CDC regulations
Karachi, January 28, 2013 (PPI-OT): By our notice dated January 8, 2013 issued to Noon 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’ (“CDS Eligibility”) of Ordinary Shares of Issuer if the fee and changes are not paid by the issuer in accordance with the schedule of Fees and Deposits of the CDC Regulations (hereinafter referred to as the “Schedule”) detailed in our aforesaid notice within ten (10) Business Days from the date of such notice.
It is now notified that, as the Issuer has complied with Regulation 5.3.2 by settling its outstanding dues in terms of Schedule, our notice dated January 8, 2013 shall stand removed effective immediately.
Further, as required under Regulation 5.3.2(b), a copy of this notice is being sent to the Stock Exchange on which the Securities of the Issuer are listed.
For more information, contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136