Pakistan Company News – Board of directors meeting of DawoodLawrencepur Limited

Board of directors meeting of DawoodLawrencepur Limited

Karachi, DawoodLawrencepur Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 29, 2018 at Karachi. The agenda of the meeting will to consider the Half Yearly Accounts for the period ended June 30, 2018.

Further, the company has declared the closed period from August 07, 2018 to August 29, 2018.

DawoodLawrencepur Limited was incorporated in Pakistan in 2004 as a public listed company formed as a result of a Scheme of Arrangement for Amalgamation in terms of the provisions of the Companies Ordinance, 1984 between Dawood Cotton Mills Limited, Dilon Limited, Burewala Textile Mills Limited and Lawrencepur Woolen and Textile Mills Limited. In the year 2008 the company suspended its manufacturing operations located at Burewala, District Vehari and closed down the mill in 2009. All assets relating to the closed down unit have been classified as discontinued operations. The registered office of the company is located In Karachi. The shares of the company are listed on the Karachi and Lahore Stock Exchanges.

The company is engaged in the business of manufacturing fabrics using natural and man made fibers and blends thereof. It is also engaged in the business of trading and marketing renewable energy solutions, mainly solar, to domestic and industrial consumers. The company possesses investments in associates such as Dawood Hercules Corporation Limited. It is also a member of Karachi Chamber of Commerce and Industry.

The symbol “DLL” is being used by the stock exchanges for the shares of DawoodLawrencepur Limited.