Karachi May 31 2024: Pakistan Stock Exchange Limited is pleased to notify the listing of International Packaging Films Limited (IPAK or the Company) with effect from Monday i.e. June 03, 2024.
Trading in the shares of the Company will commence on the Main Board of PSX from Monday, June 03, 2024 and shall be settled on T+2 basis. The first settlement date will be Wednesday, June 05, 2024.
The Market Lot of the Company will be 1 share of PKR 10/- each.
The shares of the Company have already been declared an 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). NCCPL has assigned “IPAK” to the Company as their Company Code / Security Symbol.
The Opening Price of the shares of the Company will be PKR 25.20/- per share, as determined through the Book Building process.
The Company will be quoted in the “Paper, Board & Packaging” Sector in the Daily Quotation of the Exchange.
