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Invitation of Claims from
Shareholders of ASML
 

Invitation of Claims from Shareholders of ASML


The Honorable Sindh High Court had held that the price differential of Rs.213.43 million arising out of the proceeds of sale of Ahmed Spinning Mills Ltd�s investment in United Sugar Mills Ltd belong to the shareholders of ASML who held the shares as on Nov 10, 2004.

Honorable Court has directed that such shareholders of ASML may approach Securities and Exchange Commission of Pakistan (SECP) for their claim. SECP shall verify these claims and place report before the Honorable Sindh High Court, Karachi. The said report will be verified by the Nazir and placed before the Honorable Sindh High Court, Karachi for appropriate directions.

Accordingly such shareholders of ASML are advised to file their claims with the Enforcement Department, Securities and Exchange Commission of Pakistan on or before Feb 10, 2010.

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