LAHORE - Asim Textile Mills Limited has rectified the default of Listing Regulation No. 30(1) (e) & (g) i.e. payment of outstanding dues of The Lahore Stock Exchange and induction of ordinary shares of the Company into Central Depository System (CDS).
The ordinary shares of the Company have been declared eligible for book entry transactions by the Central Depository Company of Pakistan Limited with effect from November 16, 2012. Managing Director and Chief Executive Officer of The Lahore Stock Exchange Mr. Aftab Ahmed Chaudhry congratulated the investors of the Stock Exchange and appreciated the efforts of the Management of Asim Textile Mills Limited for rectifying the default of Listing Regulations of the Exchange.
In view of the above, suspension of trading in the shares of the Company as notified vide our Notice No. 5047 dated July 31, 2012 is hereby removed. It is further notified that trading in the shares of the Company will resume with effect from Thursday, December 13, 2012 and all transactions taking place in the shares of the Company will be settled through National Clearing Company of Pakistan (NCCPL).