Material Information of Sapphire Fibres Limited

Press Release Stock Exchange Announcements

Karachi, Sapphire Fibres Limited informed Pakistan Stock Exchange that the company is considering to invest in a recent incorporated public limited company “Sanifa Agri Services Limited” which plans to produce and market high quality cotton seeds in Pakistan.

Sapphire Fibres limited is a public limited company incorporated in Pakistan in 1979. The foundation of the company is laid under the Companies Ordinance, 1984. The company is principally engaged in manufacture and sale of yarn, fabrics and garments. The stocks of the company are quoted on Karachi, Lahore and Islamabad Stock Exchanges of Paksitan. The registered office of the company is located at Karachi.

Manufacturing units of the company are located in the province of Punjab at Lahore consisting of 99,024 spindles, 9 fabric dyeing, 9 yarn dyeing, 92 knitting and 282 stitching machines.

The symbol “SFL” is being used by the stock exchanges for the shares of Sapphire Fibres Limited.