Pakistan Company News – Dispatch of Letters of Right of Pakistan International Bulk Terminal Limited

Dispatch of Letters of Right of Pakistan International Bulk Terminal Limited

Karachi, Pakistan International Bulk Terminal Limitedinformed Pakistan Stock Exchange that they have dispatched the Letters of Right in marketable lots to all the shareholders by registered post or through courier service. The last date of Payment / renunciation of the Letters of Right is August 03, 2018.

Pakistan International Bulk Terminal Limited was incorporated under the Companies Ordinance, 1984 on March 22, 2010 as a private limited company. On July 11, 2011, the company was converted as an unquoted public company limited. It is in a start up phase and has its registered office located in Karachi.

The company has entered into a build operate transfer contract with the Port Qasim Authority on November 8, 2010 for the exclusive construction, development, operations and management of a coal and clinker/ cement terminals for a period of thirty years.

The services of the company include providing dirty cargo terminal in Pakistan with mechanized handling of cargo.

The symbol “PIBTL” is being used by the stock exchanges for the shares of Pakistan International Bulk Terminal Limited.