Board of directors meeting of Pak Elektron Llmited

Karachi: Pak Elektron LImited informed Karachi Stock Exchange about the board of directors meeting of the company will be held on June 26, 2015 at Lahore. The agenda of the meeting to consider the N/A Accounts for the period ended N/A for the declaration of any entitlement. Further, the company has declared the Close Period from June 19, 2015 to June 26, 2015. “Pak Elektron Limited was incorporated in Pakistan on March 03, 1956 as a public limited company. The foundations of the company are developed under the Companies Ordinance, 1984. The principal activity of the company is manufacturing and sale of electrical capital goods and domestic appliances. It is currently organized into two main operating divisions the power division and appliances division. The stocks of the company are quoted on the Karachi Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Lahore. The activities of the company in the power division include manufacturing and distribution of transformers, switchgears, energy meters, power transformers, construction of grid stations and electrification works. The appliance division is associated with manufacturing, assembling and distribution of refrigerators, air conditioners, microwave ovens, televisions, generators and washing machines. The symbol “PAEL” is being used by the stock exchanges for the shares of Pak Elektron Limited.”

Financial results of Pak Elektron Limited for period ended September 30, 2014

Karachi, Pak Elektron Limited informed Karachi Stock Exchange about recommendations made by board of directors in the meeting held at Lahore on October 31, 2014. The agenda of the meeting was discussion of un-audited interim profit and loss account for period ended September 30, 2014 which portrayed a profit of Rs. 1,614,204,000 and earnings per share 5.36 basic and diluted. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Pak Elektron Limited was incorporated in Pakistan on March 03, 1956 as a public limited company. The foundations of the company are developed under the Companies Ordinance, 1984. The principal activity of the company is manufacturing and sale of electrical capital goods and domestic appliances. It is currently organized into two main operating divisions the power division and appliances division. The stocks of the company are quoted on the Karachi Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Lahore. The activities of the company in the power division include manufacturing and distribution of transformers, switchgears, energy meters, power transformers, construction of grid stations and electrification works. The appliance division is associated with manufacturing, assembling and distribution of refrigerators, air conditioners, microwave ovens, televisions, generators and washing machines. The symbol “PAEL” is being used by the stock exchanges for the shares of Pak Elektron Limited.

Pak Elektron Limited’s despatch of letters of rights

Karachi, September 11, 2013 (PPI-OT): We are pleased to inform you that we have despatched the Letters of Right in marketable lots to all the shareholders by Registered Post. The last date of Payment/ Renunciation of the Letters of Right is 28-10-2013. Entitlements of Right of CDC Shareholders have already been credited to their respective accounts in the Central Depository System (CDS) of Central Depository Company of Pakistan Limited. For more information, contact: M. Omer Farooq Company Secretary Pak Elektron Limited 17 – Aziz Avenue, Canal Bank, Gulberg – V, Lahore 54680, Pakistan. P.O. Box No. 675 Telephone: 92 – 42-5718274 – 77and 5717364 – 66, Fax: 92-42-5762707, 5717785 and 5715105, E-mail: saigolgroup@siagols.com

The post Pak Elektron Limited’s despatch of letters of rights appeared first on AsiaNet-Pakistan.

The post Pak Elektron Limited’s despatch of letters of rights appeared first on AsiaNet-Pakistan.