Pakistan Company News – Board Meeting Approval of Budget 2018-2019 of Pakistan National Shipping Corporation Limited

Board Meeting Approval of Budget 2018-2019 of Pakistan National Shipping Corporation Limited

Karachi, Pakistan National Shipping Corporation Limitedinformed Pakistan Stock Exchange that the Board of Directors of the Company in their meeting held on June 29, 2018 at Karachi approved the budget of the Corporation for the financial year 2018 – 2019.

Pakistan National Shipping Corporation is a company established in Pakistan. It was established under the provisions of the Pakistan National Shipping Corporation Ordinance, 1979 and is principally engaged in the business of shipping, including charter of vessels, transportation of cargo and other related services and providing commercial, technical, administrative, financial and other services to third parties in relation to the business of shipping. It is also engaged in renting out its properties to tenants under lease arrangements. The stocks of the corporation are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the corporation is situated at Karachi.

The symbol “PNSC” is being used by the stock exchange for the shares of Pakistan National Shipping Corporation.