Trading in NALCL shares suspended for 60 days

RECORDER REPORT

KARACHI: The management of Karachi Stock Exchange has decided that the trading in the shares of National Asset Leasing Corporation Limited will remain suspended for a further period of 60 days with effect from September 04, 2012.

According to a KSE notice issued here on Monday, the National Asset Leasing Corporation Limited has not so far removed the cause of suspension of trading in the shares. The management of Karachi Stock Exchange has taken this decision in the interest of trade and public and in exercise of the powers vested under Listing Regulation No. 5(2)(iii) read with Section 9(7) of the Securities & Exchange Ordinance, 1969, it added.