Karachi, Berger Paints Pakistan Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 22, 2019 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended September 31, 2018.
Further, the company has declared the closed period from April 16, 2019 to April 22, 2019.
Berger Paints Pakistan Limited was incorporated in Pakistan on
March 25, 1950 as a private limited company under the Companies Act, 1913 now
Companies Ordinance, 1984 and was subsequently converted into a public limited
company in 1974. Slotrapid Limited, based in British Virgin Island is the
holding company. The company is engaged in the manufacturing of paints,
varnishes and other related items. The shares of the company are quoted on the
Karachi and Islamabad stock exchanges of Pakistan. The registered office of the
company is situated at Karachi and the principle manufacturing facility of the
company is situated at Lahore.
The company has number of technical collaboration arrangements with leading
international manufacturers. These include paint companies which enable
developing Automotive, Vehicle Refinishes and Industrial Paints conforming to
international standards; a Japanese chemical company, for Bumper Paints; PCS
Powders, UK for Powder Coatings; DPI Sendirian Berhad, Malaysia for Road &
Runway Markings; Cerachem for Construction Chemicals and Asian Paints for
Decorative Paints. The company has also acquired distribution rights of DuPont
for Pakistan’s vehicle refinish paint segment.
The symbol “BERG” is being used by the stock exchanges for the shares of Berger
Paints.
