Chi Stock Exchange Limited: Placement of Companies in The Defaulters' Segment and Suspension of Trading in Their Shares

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XC

CHI STOCK EXCHANGE LIMITED

Stock Exchange Building, Stock Exchange Road, Karachi-74000


Phones:
KARA 111-001-122, Fax: 111-573-329

4
KSE/N-6401

NOTICE

December 7, 2015

PLACEMENT OF COMPANIES IN THE DEFAULTERS' SEGMENT AND


SUSPENSION OF TRADING IN THEIR SHARES
Further to our Notice No.KSE/N-6303 dated November 30, 2015 regarding non-holding of AGMs for two
consecutive years.
It is hereby notified to all concerned that following companies as a consequence of default under clause
5.11.1(b) of the KSE Regulations, will be placed in the Defaulters' Segment and trading in the shares of these
companies will be suspended w.e.f Tuesday, December 8, 2015:
S. No.

Name of Companies

Symbol

Nature of Default(s)

M/s. Mandviwala Mauser Plastic Industries Limited

MWMP

5.11.1(b)

M/s. Nirala MSR Foods Limited

NMFL

5.11,1(b)

The suspension in trading of shares of the above mentioned Companies shall take effect in exercise of the
powers vested in the Exchange under Sub-Section (7) of Section 19 of the Securities Act, 2015.
The concerned Companies are required to rectify the default(s) within 90 DAYS i.e. upto March 7, 2016. In case
of their failure to rectify the default within specified time, the Exchange shall take further action(s) which may
include delisting of concerned companies in accordance with the KSE Regulations.
The above may be noted for record purposes.

ABBAS MIRZA I GM & Chief Compliance Officer


Copy to:
The Executive Director (SMD) - SECP
The Director (SSED) - SECP
The Managing Director-KSE
The Chief Regulatory Officer-KSE
The DGM Companies Affairs
Companies Concerned

The Lahore Stock Exchange Limited


The Islamabad Stock Exchange Limited
The Head of Operations - Central Depository Company
The National Clearing Company of Pakistan Limited
KSE Notice Board & Website

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