PSX places Service Fabrics Ltd in the Defaulter’s segment

MG News | November 10, 2021 at 10:06 AM GMT+05:00

0:00

November 10, 2021 (MLN): Pakistan Stock Exchange has placed Service Fabrics Limited in the Defaulter’s segment with effect from Wednesday, November 10, 2021.

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 its principal 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	156,177.82 367.85M	-0.00% -3.12
ALLSHR	95,630.38 1,498.37M	-0.06% -60.44
KSE30	47,678.47 206.79M	-0.08% -35.92
KMI30	229,682.22 174.86M	-0.02% -39.87
KMIALLSHR	64,366.76 638.47M	-0.08% -53.31
BKTi	41,922.80 89.51M	-0.11% -46.72
OGTi	31,735.79 16.87M	-0.80% -255.97

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,825.00	117,685.00 114,850.00	-1265.00 -1.08%
BRENT CRUDE	67.93	68.59 67.62	-0.54 -0.79%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-0.40 -0.47%
ROTTERDAM COAL MONTHLY	93.50	93.50 93.50	0.15 0.16%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	64.00	64.67 63.69	-0.52 -0.81%
SUGAR #11 WORLD	16.23	16.59 16.23	-0.33 -1.99%