Karachi: Reference subject matter, we would like to inform you with deep sorrow that fire erupted in labeling section in previous month which destroyed the entire section including building inflioting a loss of Rs. 4,950,000. The insurance companies avoid insuring match factories due to nature of business or demanding such a high premium which no match company can afford. Due to this very reason our company is also not insured, hence management is arranging machinery for labeling section at its own.
For more information, contact:
Karachi Stock Exchange
Tel: (92-21) 111-001122
Fax: (92-21) 3241 0825, (92-21) 3241 5136