KSE shifts company to normal counter

Karachi: Karachi Stock Exchange (KSE) here Tuesday announced shifting a company from ‘defaulters’ segment’ to ‘normal counter’ and commencement of trading in their shares.

A KSE release said Transmission Engineering Industries Limited rectified the default of Listing Regulation No.30(1)(e) relating to non-payment of Annual Listing Fee.

In view of the above, suspension of trading in the shares of the Companies was removed and the name of the Companies e shifted from the “Defaulters’ Segment” to “Normal Counter” of the Exchange with effect from Monday, April 16, 2013.