Karachi, First Dawood Investment Bank Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 24, 2022 at Karachi.
The agenda of the meeting will be confirming the minutes of Annual General Meeting held on October 27, 2021, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2022 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2023 and fix their remuneration and to transact any other business with the permission of the chair.
Further, the closed period of the company is from October 17, 2022 to October 24, 2022 (both days inclusive).
First Dawood Investment Bank Limited was incorporated on June 22, 1994. First Dawood Investment Bank Limited was incorporated in Pakistan, as Dawood Leasing Company Limited. The company had obtained the licenses for Leasing Business and Investment and Finance Services from the Securities and Exchange Commission of Pakistan (SECP).
The total number of shares are 148,390,023. The Earnings per share is (0.43) in 2020 which was 0.20 in 2019. The Profit after Taxation of the Company is (63,409,000) in 2020 which was 29,336,000 in 2019.