Karachi: Lafarge Cement Limited informed Karachi Stock Exchange about the annual general meeting of the company scheduled to be held on April 29, 2014 at Islamabad. The agenda of the meeting will be confirming the minutes of extraordinary general meeting held on October 29, 2013, consideration of the audited financial statement of the company for the year ended December 31, 2013, considering the payment of cash dividend of Rs. 0.30 per share, appointing and fixing the remuneration of the auditors. Further, the closed period of the company is from April 23, 2014 to April 29, 2014. Lafarge Pakistan Cement Limited was incorporated in Pakistan on 23 May 1993 as a private limited company. It subsequently converted into a public limited company on 18 October 1994 under the Companies Ordinance, 1984. The company is a subsidiary of Pakistan Cement Holding Limited a company incorporated in the British Virgin Islands, whereas the ultimate parent company of the entity is Lafarge SA, France. The company is engaged in the business of manufacturing and sale of cement. The registered office is located at Islamabad. The production plant of the company is located at District Chakwal, Punjab. The plant commenced its commercial operations in December 2006 with an annual cement production capacity of 2.5m tons. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The product portfolio of the company includes Ordinary Portland Cement (PAKCEM) and High quality Cement (Stallion). PAKCEM complies with European Standard (EN 197), Indian Standard (IS 12269) and Pakistani Standard (PS 232). A new product line for Tile Bonds has recently been launched by Lafarge Pakistan with the brand name of Xtremebond. The company has initiated research and development activities with engineering departments of universities to develop solutions addressing Pakistan market needs such as low cost, low-income housing and concrete roads. The company signed a MoU with All Pakistan Cement Association in February 2013. The products of the company are exported to India, Afghanistan and Tajikistan. The workforce employed by the company in Pakistan is more than 800 employees. The symbol “LPCL” is being used by the stock exchanges for the shares of Lafarge Pakistan Cement Limited.