Pursuant to an application for voluntary delisting by Wali Oil Mills Ltd, the Lahore Stock Exchange (LSE) has decided to delist the company from ready board quotations of the exchange from September 20, 2007.
The majority share holders of Wali Oil Mills Ltd, have applied for delisting of the company through buy-back of shares from the minority shareholders and an extraordinary general meeting of the company on May 22, 2007 approved the buy-back price of Rs 40/- per share fixed by the exchange, a notification issued by LSE said. The share holders of the company who want to avail the opportunity are advised to approach the purchase agent MTM Securities (Pvt) Ltd at LSE building the notification added.