Pakistan Company News – Board of directors meeting of Pakistan International Container Terminal Limited

Board of directors meeting of Pakistan International Container Terminal Limited

Karachi, Pakistan International Container Terminal Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on August20, 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 July 09, 2018 to August 20, 2018.

Pakistan International Container Terminal Limited was incorporated in Pakistan as a private limited company in June, 2002 and was later converted to an unquoted public limited company listed on the Karachi Stock Exchange on October 15, 2003. The foundations of the company are formed under the Companies Ordinance, 1984. The company has a Build Operate Transfer contract with Karachi Port Trust for the exclusive construction, development, operations and management of a common user container terminal at Karachi Port for a period of twenty-one years commencing June 18, 2002. The registered office of the company is located in Karachi.

The International Container Terminal Services Incorporation a company situated in Manila, Philippines, holds directly and indirectly 64.53 percent shareholding of the company and acts as the ultimate parent company.

The services of the company include online tracking, online billing and vessel schedule etc.

The symbol “PICT” is being used by the stock exchanges for the shares of Pakistan International Container Terminal.