Pakistan Company News

Credit of Unpaid Right into CDS of Hub Power Company Limited

Karachi, Hub Power Company Limited informed Pakistan Stock Exchange that 138,093,776 Unpaid Rights of the above mentioned security has been credited into respective accounts in the Central Depository System at end of day May 02, 2019.

HUBCO was incorporated in Pakistan in 1991as a limited liability company. The company owns oil-fired power station with installed net capacity of 1,200 MW in Baluchistan and 214 MW Punjab. The Hub Power Company is listed on the Karachi, Lahore and Islamabad Stock Exchanges. The Global depository receipts are also listed on the Luxemburg Stock Exchange.

The production capacity of the power stations varies. The business partners of HUBCO are Water and Power Development Authority, Pakistan State Oil, National Transmission and Despatch Company Limited, BAKRI Trading Company Pakistan, Government of Pakistan, Government of Baluchistan and International Power.

The symbol “HUBC” is being used by the stock exchanges for the shares of the Hub Power Company Limited.