PSX extends de-listing of AGSML and DWAE by 30 days

MG News | December 03, 2018 at 12:35 PM GMT+05:00

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December 3, 2018 (MLN): The Pakistan Stock Exchange (PSX) has granted an extension of 30 days, on the matter of delisting Abdullah Shah Ghazi Sugar Mills and Dewan Automotive Engineering, in order allow them more time to rectify their defaults.

On October 29, 2018, PSX had proposed to delist the aforementioned companies due to continuous non-compliance(s) mentioned against each of them.

However, recognizing the efforts made by these companies to correct the non-compliances mentioned against them, the exchange has decided to reward them with an extension until December 31, 2018.

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