KSE approves formal listing of Aisha Steel

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Karachi Stock Exchange (KSE) has approved the application for formal listing and quotation of shares of Aisha Steel Mills Ltd on completion of all relevant listing requirements. According to KSE here Wednesday, the trading in the shares of Aisha Steel on the ready board will commence from August 6, 2012. The opening price of company’s share will be offer price (Rs 10 per share). The shares of the company had already been declared as eligible shares by the Central Depository Company Ltd (CDC).