LAHORE: After completion of all formalities required under the Listing Regulations, the Lahore Stock Exchange (LSE) has accepted the application of Ghani Global Glass Ltd for formal listing and quotation of shares.
According to a statement, Ghani Global Glass is being listed on the Exchange as a result of amalgamation/merger of Libaas Textile Ltd (a listed company of the exchange) with and into Ghani Global Glass Ltd under a scheme of amalgamation/merger sanctioned by the Lahore High Court, Lahore.
Trading in the shares of the company started on the Ready Board of the Exchange from Wednesday (today)and all transactions taking place in respect of the above company shall be settled on T+2 settlement basis from the above date. The first settlement date will be May 29, 2015.
