Karachi: In accordance with the Listed Companies (Substantial Acquisition of Voting Shares and Take overs) Ordinance 2002, we would like to disclose that our client M/s. Habib Bank AG Zrich Zurich Switzerland has acquired 3865471 number of shares of M/s. Quality Textiles Mills Limited equivalent to 24.19% of the outstanding shares of the said Company.
The transaction took place on May 18th and Settled on May 20th 2011, through an off market counter of Karachi Stock Exchange (Guarantee) Limited.
For more information, contact:
2nd Vice President
Habib Metropolitan Bank Limited
HBZ Plaza, I.I. Chundrigar Road,
Tel: +9221 2633311-30
Fax: +9221 2635650