The Karachi Stock Exchange Limited’s withdrawal of delisting of Kaiser Arts and Krafts Limited
Karachi, January 07, 2013 (PPI-OT): It is hereby informed to all concerned that Kaiser Arts and Krafts Limited was notified to be delisted from the Exchange w.e.f. January 8, 2013 on account of the reasons mentioned in our Notice No. KSE/N-6059 dated December 18, 2012.
The Securities and Exchange Commission of Pakistan through an email received today has informed that the winding-up order of the company was suspended by the Honourable Supreme Court vide Order dated November 23, 2004,
In view of above, it has been decided to withdraw the delisting of the company from the Exchange as notified earlier.
The company shall however remain quoted in the Defaulters’ Segment of the Exchange on account of the defaults under Listing Regulations and trading in its shares shall also remain suspended.
For more information, contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136