Karachi, Al-Abbas Sugar Mills Limitedinformed Pakistan Stock Exchange that Final Cash Dividend warrants for the year ended September 30, 2017 @ Rs. 5 per share (50%) have been credited through electronic mode directly into the designated bank accounts of the shareholders who have submitted their CNIC and international Bank Account Numbers.
Al-Abbas Sugar Mills Limited is a company incorporated in Pakistan on May 2, 1991 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activities of the company is manufacturing and sale of sugar, processing and sale of industrial ethanol, manufacturing and sale of Calcium Carbide and Ferro alloys, generation and sales of electricity and providing bulk storage facility. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi.
The manufacturing facilities of the company are located at Mirpurkhas, Thatta and Karachi. The company has also entered into agreement of supply of Carbon Dioxide gas at its Ethanol division.
The symbol “AABS” is being used by the stock exchanges for the shares of Al-Abbas Sugar Mills Limited.