Transaction of 20,000 shares of Cherat Packaging Limited

Karachi: Cherat Packaging Limited informed Karachi Stock Exchange about transaction of shares of the company. Mr Aslam Faruque, Director of the company sold 2,500 shares @ Rs. 249.00 per share in the market on August 21, 2015, sold 2,500 shares @ Rs. 249.99 per share in the market on August 21, 2015, sold 2,500 shares @ Rs. 249.50 per share in the market on August 21, 2015, sold 2,500 shares @ Rs. 249.25 per share in the market on August 21, 2015 and sold 10,000 shares @ Rs. 248.57 per share in the market on August 25, 2015.

Cherat Packaging Limited is a company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The company was converted into a public limited company in the year 1989. The principal activity of the business is manufacturing, marketing and sale of paper sack and polypropylene bags. The commercial production of the company started on December 15, 1991. It is listed on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Peshawar.

The symbol “CPPL” is being used by the stock exchange for the shares of Cherat Packaging Limited.