Karachi, Pak Suzuki Motor Company Limited informed Pakistan Stock Exchange that the meeting of Board of Directors of the Company which was held on May 28, 2019 at Karachi to discuss and approve the Budget for the period from April 01, 2019 to March 31, 2019.
Pak Suzuki Motor Company Limited was incorporated in Pakistan as a public limited company in August 1983. The company started commercial production in January 1984. The company was formed in accordance with the terms of a joint venture agreement concluded between Pakistan Automobile Corporation Limited and Suzuki Motor Corporation, Japan which acts as the holding company. The company is engaged in the assembling, progressive manufacturing and marketing of Suzuki cars, pickups, vans, 4x4s and motorcycles and related spare parts. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Karachi.
The products of the company range in the automobile, motorcycles and heavy bikes segments of the industry.
The symbol “PSMC” is being used by the stock exchanges for the shares of Pak Suzuki Motor Company Limited.