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Credit of unpaid rights

“In connection with Aisha Steel Mills Limited Right Issue announcement, unpaid Rights @ 20% were credited by the CDC in Book Entry Form on 18th May 2017 in the respective accounts of the ordinary / preference CDS shareholders (ASL, ASLPS, ASLCPS) whose names appeared in the Register of Members at the close of the business on Monday, 15th May 2017.

Letters of Right (LoR) to physical shareholders are dispatched on 22nd May 2017.”

Please find attached other pertinent dates

Aisha Steel Mills Limited (ASML), a Group Company of Arif Habib.

ASML is a state-of-the-art cold rolling complex with a nameplate capacity of 220,000 metric tons per year.

ASML is one of the largest private sector investments in the value added flat-rolled steel industry in Pakistan. It is the only Cold Rolled Coil (CRC) manufacturer in the country which is using brand new Japanese and Austrian machinery for all of its main process, ensuring best quality production of CRC in the country.

ASML was incorporated in 2005, and is set to become the largest supplier of cold rolled steel coils in the country.



Company Registration number:  00000011037/20050507

Incorporation number (CUIN) :  0050559

NTN: 2486644-0

Auditor: A. F. Ferguson & Co State Life Building 1-C Off: I. I. Chundrigar Road
Karachi, Sindh 74000 Pakistan

Legal Advisor: Mr. Ajmal Awan (Sattar & Sattar Advocates)
Bawaney & Partners