The Karachi Stock Exchange (Guarantee) Limited’s schedule for handling unpaid rights of first National Equities Limited

The Karachi Stock Exchange (Guarantee) Limited’s schedule for handling unpaid rights of first National Equities Limited

Karachi: Please find attached the Schedule for handling Unpaid rights through CDS, the schedule is also being circulated to the CDS Elements through “CUS”-Notice Management System”.

Schedule for handling of unpaid rights through CDS

This is in to inform you that unpaid rights for the below mentioned security will be handled in CDS as per the following schedule:-

Security Name: Security National Equities Limited

Security ID: PK0082301018

Security Symbol: FNEL-

Book Closure: 18 August 2011 till 24 August 2011

Right Ratio: 140%

Right security Name: First National Equities Limited

Right Security Symbol: FNELR

 

Activities pertaining to unpaid rights  Dates
Start date for subscription in CDS Friday, 26 August 2011
Last data for initiation of withdrawal request  Tuesday, 30 August 2011
Commencement of trading of unpaid Right (LOR) at Stock Exchange Monday, 29 August 2011
Last date for initiation of deposit request Wednesday, 07 September 11
Last date of trading at Stock Exchange Thursday 15 September 2011
Last date for Initiation of Pledge request Friday, 16 September 2011
Last date for movement of securities (Free Delivery Transaction) Friday, 16 September 2011
Last, date of Subscription request and payments Wednesday, 21 September 11
Last date of Pledge release and Pledge call Wednesday, 21 September 11
Tentative date for credit of shares against rights Issue Friday, 30 September 2011

 

 

These dates are based on the schedule for right issue announced by the Karachi Stock Exchange.

Should you have any queries or concerns, please feel free to call our Customer Support Services at 0800 CDCPL (23275).

 

For more information, contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136
Email: info@kse.com.pk
Web: www.kse.com.pk

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