PSX places Arshad Energy Limited in the Defaulter’s segment

MG News | November 26, 2020 at 11:00 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

November 26, 2020 (MLN): Pakistan Stock Exchange has placed Arshad Energy Limited in the Defaulter’s segment with effect from Thursday, November 26, 2020.

According to an official statement issued by the Exchange, the company is placed on the ‘defaulters’ counter as a consequence of default of Clause 5.11.1.(b) of PSX Regulations which states that:

A listed company may be placed in the Defaulters’ Segment if it has suspended commercial production/ business operation in tis principle line of business for a continuous period on one year. Upon placement of such company on the Defaulters’ Segment, the Exchange shall only initiate action under Regulation 5.11.2(a) and 5.11.2(b)

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	172,232.51 274.87M	0.48% 830.43
ALLSHR	104,231.80 771.06M	0.45% 469.06
KSE30	51,283.80 81.98M	0.56% 285.23
KMI30	246,825.53 115.50M	0.88% 2160.35
KMIALLSHR	67,683.64 528.88M	0.58% 392.70
BKTi	47,595.92 11.48M	0.25% 116.71
OGTi	35,380.90 5.06M	0.66% 231.80

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	84,625.00	84,635.00 84,150.00	130.00 0.15%
BRENT CRUDE	103.31	103.86 97.91	4.06 4.09%
RICHARDS BAY COAL MONTHLY	130.00	0.00 0.00	6.75 5.48%
ROTTERDAM COAL MONTHLY	137.10	137.10 137.10	-0.15 -0.11%
USD RBD PALM OLEIN	1,228.00	1,228.00 1,228.00	0.00 0.00%
CRUDE OIL - WTI	92.44	92.79 92.37	0.28 0.30%
SUGAR #11 WORLD	18.83	18.96 18.26	0.27 1.45%