Material Information of Pakistan National Shipping Corporation

Material Information

Karachi, Pakistan National Shipping Corporation informed Pakistan Stock Exchange that the Company in accordance with the Section 242 of the Companies Act, 2017, any dividend payable in cash shall only be paid through electronic mode directly into the bank account (IBAN) designated by the entitled member.

Pakistan National Shipping Corporation is a company established in Pakistan. It was established under the provisions of the Pakistan National Shipping Corporation Ordinance, 1979 and is principally engaged in the business of shipping, including charter of vessels, transportation of cargo and other related services and providing commercial, technical, administrative, financial and other services to third parties in relation to the business of shipping. It is also engaged in renting out its properties to tenants under lease arrangements. The stocks of the corporation are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the corporation is situated at Karachi.

The symbol “PNSC” is being used by the stock exchange for the shares of Pakistan National Shipping Corporation.