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Print edition: 2016-11-12
East West Life Assurance Company Llimited: PSX approves schedule of Right shares issue
Pakistan Stock Exchange (PSX) has approved the schedule of issue of Right shares of East West Life Assurance Company Limited. The trading in the Unpaid Rights of the company will start on the exchange with effect from November 14, 2016. The first settlement date will be November 16, 2016.
The Unpaid Rights of the company have already been declared as eligible security by the Central Depository Company of Pakistan Limited (CDC) and all the transactions shall be settled through the National Clearing Company of Pakistan Limited, which has already assigned the Company Code/Security Symbol as "EWLAR2".
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