Pakistan Company News – Change of Management of Flying Cement Company Limited

Change of Management of Flying Cement Company Limited

Karachi, Flying Cement Company Limited informed Pakistan Stock Exchange that as result of change of management of the Company, the two directors have resigned from the Board of Directors with effect from October 31, 2018.

Flying Cement Company Limited formerly known as Zaman Cement Company Limited was incorporated in Pakistan on December, 1992 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The main objective of the company is manufacture and sale of cement. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Lahore. The factory is located in Mangowal and it comprises of land in excess of 121 acres.

The company has a single kiln having an installed capacity of 4000 tons per day of clinker using the dry process technology. The rated capacity of the plant is 1,260,000 metric tons of cement per annum.

The symbol “FLYNG” is being used by the stock exchanges for the shares of Flying Cement Company Limited.