Karachi, Pakistan Cables Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 25, 2019 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended December 31, 2018.
Further, the company has declared the closed period from April 18, 2019 to April 25, 2019.
Pakistan Cables Limited was incorporated in Pakistan as a private
limited company on April 22, 1953. In 1955 it was converted into a public
limited company. The foundations of the company are based on the Companies
Ordinance, 1984. The products of the company include cables and wires, aluminum
sections/ profiles, copper rod and PVC compound. In 1955 the stocks of the
company were quoted on the Karachi Stock Exchange. The registered office of the
company is located in Karachi.
Pakistan Cables is part of the Chinoy Group of Companies, which includes International Industries and International Steels Limited, as well as other interests in diverse businesses. The company is ISO 9001:2008, ISO 14001:2004 and OHSAS 18001:2007 certified and is the only cable manufacturer in Pakistan to have its cables type tested by the KEMA Laboratory in Netherlands. Pakistan Cables is an affiliate of General Cable, which has a global presence with 57 plants in 26 countries including the US, Canada, France, Germany, Spain, Brazil, China, Thailand, South Africa, and the Philippines. The affiliation with General Cable gives Pakistan Cables several advantages over its competitors, including the ability to source almost any type of cable for customers, access to cutting edge technology, technical support & management best practices, procurement advantages and export opportunities.
The symbol “PCAL” is being used by the stock exchanges for the shares of Pakistan Cables Limited.