Karachi: This refers to your letter No. KSE/C-452- 1036 dated February 14, 2011 we are pleased to inform you that the Company has received Rs. 367,084,200/- (Rupees Three hundred sixty seven million eighty four thousand two hundred only) being subscription money against total of Rs. 432,767,586/- (Rupees Four hundred thirty two million seven hundred sixty seven thousand five hundred eighty six only) which is less by Rs. 65,683,386/- (Rupees Sixty five million six hundred eighty three thousand three hundred eighty six only).
The unsubscribed right shares will be allotted and issued U/S 86(7) of the Companies Ordinance 1984.
For more information, contact:
Shabbir Tiles and Ceramics Limited
15th Milestone, National Highway,
Landhi, Karachi – 75120, Pakistan