Karachi, IGI Holdings Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on March 29, 2019 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2018.
Further, the company has declared the closed period from March 22, 2019 to March 29, 2019.
IGI Holdings Limited a Packages Group Company, was incorporated in
Pakistan as a public limited company in 1953 under Companies Ordinance, 1984.
The insurance company is engaged in providing general insurance services in
spheres of Fire, Marine, Motor, Health and Miscellaneous. The stocks of the
company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The
registered office of the Company is located in Karachi.
The company is currently engaged in the process of acquisition of American Life
Insurance Company for the acquisition of ownership interest of 40,986,690
ordinary shares representing approximately 81.97% of the total issued,
subscribed and paid up capital shares of the company.
The associated companies of the group includes packages limited, nestle
Pakistan Limited, Sanofi-Aventis, Tri-Pack Films Limited, Treet Corporation
Limited, Siemens Pakistan Engineering Company Limited, Coca-Cola Beverages
Pakistan Limited, Mitchell’s Fruit Farms Limited, Zulfeqar Industries Limited,
Loads Limited, IGI Investment Bank Limited and IGI Securities Limited.
The symbol “IGIHL” is being used by the stock exchanges for the shares of IGI
Holdings Limited .