Karachi: This is with reference to the subject cited, we are pleased to inform you that the unpaid rights in respect of 33.33% Right issue of shares as declared by the Board of Directors of the Company have been credited through book entry form to the respective CDS Account(s) of the Shareholders on 18 November 2011 and are being dispatched to the physical shareholders to-day i.e. on 21 November 2011.
Copy, of the notification in respect of dispatch of physical letter of rights and credit of unpaid rights into book entry form along with payment procedures and payment schedule to be published in two widely circulated Newspapers is attached for your information.
Dispatch / Credit of un-paid Letter of Rights
We are pleased to notify that unpaid tights in respect of 33.33% Right issue of shares as declared by the Board of Directors of the Company in their meeting held on 10 January 2011 have been credited through book entry form to the respective CDS Account(s) of the Shareholders.
The payment of right offer by CDS account holders, detail of trading, subscription and credit of right securities for CDS accounts holders (as per CDC Unpaid Rights Procedures) are as follows:
Date of commencement of trading of unpaid right at Stock Exchange (s) 29 November 2011
Last date of trading of unpaid right 04 January 2012
Subscription of right offer start date 18 November 2011
Last date of subscription of right offer 11 January 2012
Date of credit of right shares into CDC 31 January 2012
It is further notified that the Letter of Rights in respect of the above to the shareholders holding shares of the Company in physical form have been dispatched to the respective shareholders through registered post on 21 November 2011. In case of non-receipt within 10 working days hereof, shareholders may contact our Registrar and Shares Transfer Office at THK Associates (Pvt) Limited, Ground Floor, State Life Building-3, Dr. Ziauddin Ahmed Road. Karachi.
The account holders, sub-account holders and / or investor account holders are requested to follow the guidelines of Listing Regulations and CDC unpaid right procedures.
For more information, contact:
For Media Times Limited
Media Times Limited
UAN: 92- 42-111-947-947
Fax: 92-42-35757590, 35877920