The General Manager
Pakistan Stock Exchange
Stock Exchange Building
Stock Exchange Road
Karachi
SUBJECT: MATERIAL INFORMATION
Dear Sir,
In accordance to the Sections 96 of the Securities Act 2015 and Clause 5.6.1(a) of the Rule Book of the Pakistan Stock Exchange Limited, we hereby convey the following:
The Board of Directors of Pakistan Cables Limited has considered and approved additional capital expenditure of Rs. 5.6 billion for the expansion and consolidation of its manufacturing facility at S.I.T.E. Nooriabad.
You are requested to disseminate the above information to the members/TREC Holders of the Exchange. Thank you.
Yours Sincerely,
Per Pro Pakistan Cables Limited
Natasha Muhammad
Manager Legal Affairs and Company Secretary
Cc:
1. The Director (Enforcement),
Securities & Exchange Commission of Pakistan,
NIC Building, 63 Jinnah Avenue, Blue Area, Islamabad
2. The Director/Head of Department,
Surveillance, Supervision and Enforcement Department,
Securities and Exchange Commission of Pakistan,
NIC Building, 63 Jinnah Avenue, Blue Area, Islamabad
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Pakistan Cables Ltd. published this content on 23 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2023 09:53:06 UTC.