The Karachi Stock Exchange (KSE) has accepted the request for de-listing of Atlas Engineering Limited and accordingly the company shall stand de-listed from the Exchange with effect from March 21.
"Pursuant to the request of de-listing of Atlas Engineering Limited and buy-back of shares by the sponsors of the company at Rs 58 per share during the initial period and subsequent submission of an Undertaking of the Purchase Agent to purchase the remaining shares (valid up to February 11, 2013), the Exchange has accepted the request for de-listing of the Company", a notice issued here on Monday said. The shareholders of the Company, who may desire to avail this opportunity are advised to approach the Purchase Agent, Summit Capital (Private) Limited, the notice added.
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