Karachi Stock Exchange (KSE) has taken back the show cause notices against five companies out of the total of 70 companies under notice.
KSE released notification said that the notices withdrawn against the companies included Tri Star, Mutual Fund, Tri star Muzarba, Prudential and Discount and Guarantee House, Koh-e-Noor Spinning and Chanab Limited. The notification said that these companies have been deleted from the default counter list.
KSE officials said that they have submitted the statements, which earlier in violation of companies’ section they had failed, and now the notices stand withdrawn.
KSE released notification said that the notices withdrawn against the companies included Tri Star, Mutual Fund, Tri star Muzarba, Prudential and Discount and Guarantee House, Koh-e-Noor Spinning and Chanab Limited. The notification said that these companies have been deleted from the default counter list.
KSE officials said that they have submitted the statements, which earlier in violation of companies’ section they had failed, and now the notices stand withdrawn.
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