Karachi, AWT Investments Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting to be held at Rawalpindi on October 30, 2021.
The agenda of the meeting was discussion of profit and loss account for quarter ended October 30, 2021 which portrayed a profit of Rs. 43,780 respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
AWT Investments Limited is a wholly owned subsidiary of Army Welfare Trust. It is a Non-Banking Finance Company, licensed by the Securities and Exchange Commission of Pakistan to manage open and closed end funds.
The Company commenced operations in 2012. The Company obtained the licenses to undertake “Investment Advisory” and “Asset Management Services” on December 23, 2011, which were subsequently renewed on December 23, 2014 and December 23, 2017 for a period of 3 years.