Pakistan Company News – Board of Directors meeting of Moonlite Pakistan Limited

Board of Directors meeting of Moonlite Pakistan Limited

Karachi, Moonlite Pakistan Limited informed Pakistan Stock Exchange that Board of Directors in their meeting held today has decided to hold an Extra Ordinary General Meeting on June 21, 2018 for the election of directors to be elected in terms of Scheme of merger approved by the Honorable Lahore High Court and in accordance with the provisions of the Companies Act, 2017.

“Moonlite Pakistan Limited was incorporated in Pakistan in April 10, 1964 as a public limited company under the Companies Ordinance, 1984 and converted into public listed company in September 1970. The company is listed on the Karachi Stock Exchange and principally engaged in the business of manufacturing of woolen yarn.

The product line of the company includes woolen yarn, acrylic blanket and allied cotton synthetic products. During the fiscal year ended June 30, 2012, the company produced 303,810 kilograms of wool.

The manufacturing facility of the company is located in Baluchistan and the registered office of the company is situated in Karachi.

The symbol “MOON” is being used by the stock exchange for the shares of Moonlite Pakistan Limited.”