PSX removes Calcorp Ltd from Defaulter Counter

MG News | August 11, 2021 at 03:59 PM GMT+05:00

0:00

August 11, 2021 (MLN): Pakistan Stock Exchange (PSX) has removed Calcorp Limited from the Defaulter Counter.

To recall, the company had filed a lawsuit in 2018, following which the Honorable High Court of Sindh had directed the Securities and Exchange Commission of Pakistan ("SECP") to "maintain status-quo" and restrained the Pakistan Stock Exchange ("PSX") "from acting any further.

Subsequently, Calcorp has successfully resolved the compliance matters with SECP which was the initial cause of the notice from the PSX. This resolution has resulted in the PSX removing Calcorp from the Defaulter Counter.

As a result, the company has approached the Honorable High Court of Sindh to withdraw its Suit, and the case has now been dismissed.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	162,994.17 366.14M	-1.71% -2829.70
ALLSHR	97,525.91 833.18M	-1.65% -1634.99
KSE30	49,090.22 171.05M	-2.02% -1011.73
KMI30	234,097.76 141.71M	-1.92% -4583.61
KMIALLSHR	63,284.58 381.76M	-1.79% -1151.00
BKTi	45,458.10 90.77M	-1.53% -707.82
OGTi	33,162.89 14.24M	-2.82% -962.44

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	78,745.00	79,420.00 76,515.00	2005.00 2.61%
BRENT CRUDE	108.34	112.45 106.23	-2.06 -1.87%
RICHARDS BAY COAL MONTHLY	113.00	0.00 0.00	0.00 0.00%
ROTTERDAM COAL MONTHLY	109.25	0.00 0.00	-0.20 -0.18%
USD RBD PALM OLEIN	1,191.50	1,191.50 1,191.50	0.00 0.00%
CRUDE OIL - WTI	102.01	106.65 99.30	-3.06 -2.91%
SUGAR #11 WORLD	14.97	15.01 14.42	0.36 2.46%