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The Karachi Stock Exchange (Guarantee) Limited’s placement of AMZ Ventures Limited in the defaulters’ segment of the exchange

Date: January 30, 2012 Author: Web Desk Category: Stock Exchange Announcements Tags: Short URL Comments: 1

Karachi: It is hereby notified to all concerned that AMZ Ventures Limited as a consequence of defaults of Listing Regulation No. 30(1)(b) i.e. failed to hold the Annual General Meeting since June 30, 2010 and Listing Regulation NIC.30(1)(b) i.e. failed to pay the Annual Listing Fee since July 1, 2010 of the Exchange, will be placed in the Defaulters’ Segment w.e.f., Tuesday, February 7, 2012, Accordingly, the name of the Company along with nature of defaults under Listing Regulation No.30 will be published separately in the Daily Quotations of the Exchange with effect from the date of its placement in the Defaulters’ Segment.

It is further notified that the Exchange In terms of the provisions of the Listing Regulations, reserves the right to initiate further action against the Company including suspension of trading in it shares / delisting from the Exchange, subsequently.

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

1 Comments
  1. Date: January 31, 2012
    Author: Ahmed

    Hasn't the company management changed. It has even got approval from the SECP regarding extension in time to pay dividends till June 2012. It seems to be profitable. Does someone have more details?

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