Karachi, Pak Suzuki Motor Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on March 20, 2020 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2019.
Further, the company has declared the closed period from March 13, 2020 to March 20, 2020.
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.