Landmark Spinning Mills withdraws decision to delist from PSX

By MG News | June 23, 2021 at 12:51 PM GMT+05:00

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June 23, 2021 (MLN): The Board of Directors of Landmark Spinning Industries Limited have decided to withdraw the voluntary Delisting application of shares of the company from the Pakistan Stock Exchange Limited.

The decision came after considering the firm intention from GAZPAK (Private) Limited to acquire more than 51% of the paid-up capital of Landmark Spinning Industries Limited.

Further, the Board authorized Mr. Syed Muhammed Yousuf, Chief Financial Officer of the Company to take all necessary steps to execute and notified to Pakistan Stock Exchange Limited and relevant authorities and to complete the formalities so as the effect the above resolution, company’s notice to PSX said.

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