KARACHI:
Trading in shares of ICI Pakistan Limited will resume on the Karachi Stock Exchange (KSE) on Friday, July 13, 2012.
The company had an issued share capital of Rs1.388 billion divided into 138.802 million ordinary share of Rs10 each, of which Rs923.590 million comprising of 92.359 million ordinary shares has been retained and the remaining Rs464.432 million comprising 46.443 million ordinary shares of Rs10 each has been transferred as part of the paint undertaking to AkzoNobel Pakistan Limited.
It has been decided that the opening price of ICI shares will be Rs131.07; the closing price of the stock before suspension of trading.
Published in The Express Tribune, July 12th, 2012.
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