Karachi Stock Exchange (KSE) has approved the schedule of issue of right shares of Ashfaq Textile Mills Limited. The trading in the unpaid rights of the company will start on this exchange from August 31, 2012. The first settlement date will be September 4, 2012, a KSE notice issued here on Wednesday said.
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 National Clearing Company of Pakistan Limited (NCCPL), which has already assigned the Company Code/Security Symbol as "ASHTR".
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