Annual general meeting of Power Cement Limited to be held on October 15, 2016
Karachi, Power Cement Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 15, 2016 at Karachi.
The agenda of the meeting will be confirming the minutes of extraordinary general meeting held on November 28, 2015, consideration of the audited financial statement of the company for the year ended June 30, 2016, to appoint auditors for the year ending June 30, 2017 and fix their remuneration.
Further, the closed period of the company is from October 06, 2016 to October 15, 2016 (both days inclusive).
Power Cement Limited formerly Al-Abbas Cement Industries Limited was established as a private limited company on December 1, 1981. On July 9, 1987 the company was converted into a Public Limited Company. The core operation of the company includes manufacturing and selling cement. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges in Pakistan. The registered office of the company is located in Karachi.
Power Cement Limited is part of the Arif Habib Group which is related to securities brokerage, investment and financial advisory, investment management, commercial banking, commodities, and private equity cement and fertilizer industry.
The symbol “POWER” is being used by the stock exchanges for the shares of Power Cement Limited.