Dispatch of interim bonus shares of East West Insurance Company Limited
Karachi, East West Insurance Company Limited informed Pakistan Stock Exchange that Bonus shares in respect of interim bonus share in the proportion of 1.25 shares for every 10 shares held i.e. 12.5% for the year ended December 2016 have been dispatched by registered post or through courier service on December 23, 2016. East West Insurance Company Limited is a public limited company incorporated in Pakistan in the year 1983. The foundations of the company have been laid under the Companies Ordinance, 1984. The sister concern of the company is East West Insurance Company Limited. The company is engaged in the general insurance business and operates through 52 branches in Pakistan. Besides traditional Insurance business like Fire, Marine & Motor, the company underwrites specialized portfolios for which it has created specialized divisions within the company namely, Engineering, Crops and Livestock divisions. The company business is diversified and provides coverage to a wide range of agricultural and commercial business activities. The stock of the company is quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located Quetta. The core operation of the company is conducted through the office located in Karachi. The symbol “EWIC” is being used by the stock exchanges for the shares of East West Insurance Company Limited.