Karachi, Al-Abbas Sugar Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 24, 2020 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended September 30, 2020.
Further, the company has declared the closed period from December 18, 2020 to December 24, 2020.
Al-Abbas Sugar Mills Limited is a company incorporated in Pakistan on May 2, 1991 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activities of the company is manufacturing and sale of sugar, processing and sale of industrial ethanol, manufacturing and sale of Calcium Carbide and Ferro alloys, generation and sales of electricity and providing bulk storage facility. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi.
The manufacturing facilities of the company are located at Mirpurkhas, Thatta and Karachi. The company has also entered into agreement of supply of Carbon Dioxide gas at its Ethanol division.
The symbol “AABS” is being used by the stock exchanges for the shares of Al-Abbas Sugar Mills Limited.