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Home » General, Stock Exchange Announcements

The Karachi Stock Exchange (Guarantee) Limited’s notice of removal of invention to suspend CDS eligibility of ordinary shares of Invest Capital Investment Bank Limited under the CDC regulations

March 14, 2012

Karachi: The Chief Executive Officer, Invest Capital Investment Bank Limited

By our notice related March 06, 2012 issued to Invest Capital Investment Bank Limited (hereinafter referred to as the “Issuer”) under Regulation 5.3.2 of the Capital Depository Company of Pakistan Limited Regulations (the “CDC Regulations”), we showed our intention to suspend the Central Depository System Eligibility (the “CDS Eligibility”) of Ordinary Shares (Security Symbol: ICIBL) of the Issuer with effect from March 16, 2012, if it fails to comply with Regulation 13.7.1 of the Regulation before the said date.

It is now notified that, as the issuer has complied with the Regulation 13.7.1 of the CDC Regulation by submitting the reconciliation report of respective period duly certified by their external auditors to CDC, our notice dated March 06, 2012 shall stand removed effective immediately, Further, it has also been decided to grant remission of fine of Rs. 10,000/- imposed as aforesaid.

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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