Pakistan Company News – Financial results of Unicap Modaraba for Year ended June30, 2017

Financial results of Unicap Modaraba for Year ended June30, 2017

Karachi, Unicap Modarabainformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on July09, 2018.

The agenda of the meeting was discussion of profit and loss account for year ended June30, 2017 which portrayed a loss of Rs. 4,410,603

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

Furthermore, the share transfer books of the company will remain closed from July 25, 2018 to July 31, 2018 (both days inclusive).

Unicap Modaraba was formed under the Modaraba Companies and Modarabas (Floatation and Control) Ordinance, 1980 and the rules framed there under. The modaraba was managed until May 3, 2000, by Chartered Management Services Private Limited and thereafter the management was transferred to Al-Zamin Modaraba Management Private Limited as the registration of the former was cancelled by the Securities and Exchange Commission of Pakistan. The Modaraba is perpetual and multi-purpose floated in Pakistan. It is listed on Karachi, Islamabad and Lahore Stock Exchanges of Pakistan. The registered office is situated at Karachi.

The symbol “UCAPM” is being used by the stock exchange for the shares of Unicap Modaraba.