Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

Trending :

ADOS Pakistan Ltd to be delisted from PSX

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

December 21, 2021 (MLN): The Board of Directors (BoD) of ADOS Pakistan Limited, a leading manufacturer of critical oilfield equipment has resolved to delist the company from the Pakistan Stock Exchange (PSX), in accordance with clause 5.14 of the PSX regulations, company’s filing on PSX showed today.

The company shall submit a formal application to the PSX and for which the sponsors have been authorized to buy-back ordinary shares held by the minority shareholders of the company to an extent and at a price to be determined in accordance with the regulations or as may be determined by the PSX or the Securities & Exchange Commission of Pakistan (SECP) for the purposes of voluntary delisting of the company from the PSX.

Copyright Mettis Link News

 

Posted on: 2021-12-21T10:12:47+05:00

29680