The Karachi Stock Exchange (KSE) has approved the application for formal listing and quotation of shares of Thatta Cement Company Limited (THCCL) on completion of all formalities required under the Listing Regulations of the Exchange.
The KSE notified that trading in the shares of the company will start on the Exchange from April 7, 2008 and all transactions taking place in respect of the company shall be settled on T+2 settlement basis from the said date. The first settlement date will be April 9, 2008. The market lot of the company will be 500 shares of Rs 10 each.
The shares of the company have already been declared eligible security by the Central Depository Company of Pakistan Limited (CDC) and all the transactions shall be settled through the National Clearing Company of Pakistan Limited (NCCPL), which has assigned company code/security symbol as 'THCCL'.
The company will be quoted under the Cement Sector of the ready board quotations of the Exchange. The share register of the company is Noble Computers Services (Pvt) Limited, Karachi.