Karachi, Clover Pakistan Limited informed Karachi Stock Exchange about information regarding sale of shares of Clover Pakistan Limited by Siza Private Limited. The directors of the company informed the M/s. Siza Private Limited has on January 21, 2015 sold a total of 166,100 ordinary shares of Rs. 10 each of the company representing 1.76% of the total issued share capital of the company at an average of Rs. 123.77 per shares which shares were held by the seller in electronic form through CDS. Clover Pakistan Limited is a company incorporated in Pakistan in 1986. It is a public limited company the foundations of which are laid under the principals of the Companies Ordinance, 1984. The core business activities of the company include manufacture and sale of food and plastic products and trading in food and consumer durables. During the year ended June 30, 2013 the company signed a distributor’s agreement with Titan Company Limited India for marketing of the products within the territorial jurisdiction of Pakistan. The stocks of the company are quoted on the Karachi and Lahore Stock Exchange of Pakistan. The registered office of the company is situated at Karachi. The symbol “CLOV” is being used by the stock exchanges for the shares of Clover Pakistan Limited.
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