DWSM to remain in defaulters' segment until full compliance is achieved

MG News | August 27, 2024 at 12:50 PM GMT+05:00

0:00

August 27, 2024 (MLN): Dewan Sugar Mills Limited (PSX: DWSM) will remain listed in the Defaulters' Segment despite having paid its outstanding penalty to PSX for rectifying the non-compliance with PSX Regulation 5.1.1. (d).

According to a notice issued by PSX yesterday, this is due to ongoing non-compliance with other PSX regulations, including an adverse opinion issued by its statutory auditor in the audit report.

The company will remain in the Defaulters' Segment [to be renamed as Non-Compliant or Winding-Up Segment] until all non-compliance issues are resolved.

To recall, failure to pay the penalty imposed by the Exchange under PSX Regulation 5.21.1., was notified for the information of all concerned.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	188,202.86 341.59M	-0.20% -384.80
ALLSHR	112,423.22 745.46M	-0.07% -79.96
KSE30	57,956.48 141.89M	-0.12% -70.41
KMI30	267,375.33 135.18M	-0.39% -1043.48
KMIALLSHR	72,363.20 391.84M	-0.20% -146.78
BKTi	53,485.97 53.11M	0.26% 139.85
OGTi	38,916.61 17.01M	0.72% 278.13

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	88,490.00	88,985.00 87,470.00	905.00 1.03%
BRENT CRUDE	66.68	66.78 65.00	1.09 1.66%
RICHARDS BAY COAL MONTHLY	86.75	0.00 0.00	-2.65 -2.96%
ROTTERDAM COAL MONTHLY	99.00	0.00 0.00	0.30 0.30%
USD RBD PALM OLEIN	1,071.50	1,071.50 1,071.50	0.00 0.00%
CRUDE OIL - WTI	61.71	61.86 60.14	1.08 1.78%
SUGAR #11 WORLD	14.98	14.98 14.74	0.19 1.28%