Karachi, Jubilee General Insurance Company Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on April 25, 2023 at Karachi.
The agenda of the meeting will to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended December 31, 2022 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2022 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 April 19, 2023 to April 25, 2023 (both days inclusive).
Jubilee General Insurance Company Limited is a public limited company incorporated in Pakistan on May 16, 1953. The Company is engaged in general insurance business. The Company was granted authorization on March 10, 2015.
Jubilee General is listed on the Pakistan Stock Exchange. Its major shares are held by, Aga Khan Hospital and Medical College Foundation, Habib Bank Limited, Aga Khan Fund for Economic Development and Hashoo Group. Jubilee General, with its Head Office in Karachi, has branches and network in all major cities and towns of Pakistan.
The total number of shares of the company are 198,491,379. The Earnings per shares is 7.72 in 2020, which was 6.78 in 2019. Their Profit after Taxation is 1,532,738,000 in 2020, which was 1,224,285,000 in 2019.