The General Manager | April 16, 2024 |
Pakistan Stock Exchange | |
Stock Exchange Building, | |
Karachi - 74000 |
Subject: Disclosure of Material Information
Dear Sir,
Pursuant to Clause 5.6 of the Rule Book of the Pakistan Stock Exchange (PSX) and Sections 96 & 131 of the Securities Act, 2015, we hereby convey the following:
The Board of Directors of Pakistan Cables Limited in its emergent Board meeting on April 16, 2024 has approved a Memorandum of Understanding (MOU) to form an entity to potentially explore opportunities in collaboration with associated companies.
We are transmitting this information through PUCARS for your information and record. You may please inform the TRE Certificate Holders of the Exchange accordingly.
Yours faithfully,
Pakistan Cables Limited
Natasha Mohammad
Head of Legal Affairs and Company Secretary
Copy to:
Executive Director / HOD
Surveillance, Supervision and Enforcement Department
Securities & Exchange Commission of Pakistan
NIC Building, Jinnah Avenue, Blue Area
Islamabad
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Pakistan Cables Ltd. published this content on 17 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 April 2024 04:29:01 UTC.