PSX approves Pak Suzuki's voluntary delisting, effective April 26, 2024

By MG News | April 24, 2024 at 04:03 PM GMT+05:00
April 24, 2024 (MLN): Pakistan Stock Exchange (PSX) has accepted the request for Voluntary Delisting of Pak Suzuki Motor Company Limited (PSMC) and has decided to delist the company from the Exchange with effect from Friday, April 26, 2024.
The shareholders of the company, who may desire to avail the opportunity of buy-back of shares by the sponsors, are advised to approach Arif Habib Limited, the purchase agent of the company.
The purchase agent and sponsor of the company have already submitted an Undertaking to purchase the remaining shares held with the minority shareholders for Rs609 per share, which is valid up to April 22, 2025.
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