Johnson and Phillips (Pakistan) Limited’s board of directors unanimously approved the amendments in the Scheme of Arrangement
Karachi: We wish to inform you that a Special Meeting of the Board of Directors of the Company held on Thursday June 30th, 2011 have unanimously approved the changes/amendments in the Scheme of Arrangement for amalgamation of (i) Johnson and Phillips (Pakistan) Limited (JOPP), (ii) Johnson & Phillips EMO (Pakistan) Private Limited and (iii) Elmetec Private Limited into Johnson & Phillips (Pakistan) Limited.
The proposed amalgamation of the aforesaid entities with proceed in accordance with the Scheme of Merger and the provision of the Companies Ordinance 1984 We will continue to keep you updated accordingly.
A copy of the Scheme of Arrangement for amalgamation under Section 284 to 288 of Companies Ordinance, 1984 is enclosed for your record.
For more information, contact:
Johnson and Phillips (Pakistan) Limited
C-10, South Avenue, S.I.T.E,
Tel: +9221 32560030-37
Fax: +9221 32564603