Sapphire Fiber : Right Shares Subscription Amount of Sapphire Fibres Limited

Sapphire Fibres Limited informed Pakistan Stock Exchange that 5% (984,375) Right Shares offered by the Company have been fully subscribed.

The announcement is available at:

https://dps.psx.com.pk/download/document/140437.PDF

"Sapphire Fibres limited is a public limited company incorporated in Pakistan in 1979. The foundation of the company is laid under the Companies Ordinance, 1984. The company is principally engaged in manufacture and sale of yarn, fabrics and garments. The stocks of the company are quoted on Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Karachi.

Manufacturing units of the company are located in the province of Punjab at Lahore consisting of 99,024 spindles, 9 fabric dyeing, 9 yarn dyeing, 92 knitting and 282 stitching machines.

The symbol "SFL" is being used by the stock exchanges for the shares of Sapphire Fibres Limited."

© Pakistan Press International, source Asianet-Pakistan