Karachi June 14 2023: Pakistan Stock Exchange (PSX) is hereby informed to all concerned that PACE Pakistan Limited (“PACE”) has rectified the default of PSX regulation by payment of outstanding penalty.
Therefore PACE shall be shifted to the “Normal Counter” of the Exchange with effect from June 15, 2023.
PACE has been advised to ensure meticulous compliance of all applicable Rules and Regulations so that the interests of minority shareholders remain protected at all time.
About the Company
Pace (Pakistan) Limited is a public limited company incorporated in Pakistan under the repealed Companies Ordinance, 1984 (now the Companies Act, 2017) and is listed on Pakistan Stock Exchange. The Company is engaged to build, acquire, manage and sell condominiums, departmental stores, shopping plazas, super markets, utility stores, housing societies, plot and other properties and to carry out commercial, industrial and other related activities in and out of Pakistan.
