KSE extends trading suspension of 25 companies

The Karachi Stock Exchange (KSE) has extended the suspension period of 25 companies for another 60 days, effective from August 11, 2011 on the directives of Security and Exchange Commission of Pakistan (SECP).

According to KSE, the action has been taken to protect the interest of trade and public.

These companies are Rashid Textile Mills Ltd, Siftaq International Ltd, Fazal Vegetable Ghee Ltd, Pak Ghee Industries, Sadoon Textiles Mills, Extraction Ltd, Valika Woolen Mills, Medi Glass Ltd, Mineral Grinding Mills, Abson Industries, Saif Nadeem Kawasaki Motors, Prudential Stocks Fund, Quality Steel Works, English Leasing Ltd, First Dadabhoy Modaraba, Sunshine Cotton Mills, Taxila Engineering, Qayyum Spinning, Hakkim Textile Mills, Suraj Ghee Industries, McDonald Layton and Co, Hallmark Insurance, Ittefaq Insurance Prudential Discount and Guarantee House and Kashmir Polytex Ltd. app

From: Daily Times