Karachi August 03 2021: Pakistan Stock Exchange (PSX) has suspend trading in the shares of Dewan Salman Fiber Limited and Al-Abid Silk Mills Limited as per noticed issued by the exchange.
The trading in these shares shall remain suspended until such time the cause suspension have been rectified or another period of 60 days effective from today or August 03 2021.
A L S O || R E A D
Pakistan And National Refinery Are Now Part of KSE-30 Index : PSX
Trading in both these shares is suspended as they have not so far removed the cause of suspension of trading in their shares. As per PSX, suspended commercial production/ business operations in its principle line of business, adverse opinion in the audit report, winding up proceeding have been initiated against the company by SECP and Creditors were the key reasons for their suspension from trading.
