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	148,617.78 624.60M	0.86% 1274.27
ALLSHR	91,685.08 1,340.28M	0.74% 669.39
KSE30	45,247.79 197.43M	0.83% 370.74
KMI30	212,370.79 224.51M	1.05% 2209.48
KMIALLSHR	61,227.89 711.87M	1.18% 715.56
BKTi	41,264.02 160.39M	0.54% 221.73
OGTi	30,019.10 23.63M	0.64% 190.41

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	108,265.00	113,390.00 108,020.00	-4475.00 -3.97%
BRENT CRUDE	67.46	67.94 67.29	-0.52 -0.76%
RICHARDS BAY COAL MONTHLY	88.70	88.70 88.70	-0.75 -0.84%
ROTTERDAM COAL MONTHLY	96.15	96.75 96.00	-0.40 -0.41%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	64.01	64.55 63.88	-0.59 -0.91%
SUGAR #11 WORLD	16.34	16.52 16.33	-0.14 -0.85%