The Pakistan Stock Exchange (PSX) has approved the voluntary delisting request of Pak Suzuki Motor Company Limited.
In a notice, PSX announced the decision to delist Pak Suzuki Motor Company Limited from the Exchange, effective Friday, April 26, 2024, by PSX Regulation No.5.14 and Section 19(5) of the Securities Act 2015.
Shareholders wishing to participate in the buy-back of shares by the Sponsors are advised to contact Arif Habib Limited, the Purchase Agent of the Company.
The Purchase Agent and Sponsor of the Company have provided an Undertaking to acquire the remaining shares held by minority shareholders for Rs. 609 per share, valid until April 22, 2025.
Pak Suzuki had formally requested delisting from the Pakistan Stock Exchange in December 2023.
