Pakistan Company News – Dispatch of Interim Dividend Warrants of Biafo Industries Limited

Dispatch of Interim Dividend Warrants of Biafo Industries Limited

Karachi, Biafo Industries Limitedinformed Pakistan Stock Exchange that interim dividend warrants @ Rs. 7.00 per share, i.e. 70% for year ending June30, 2018 have been dispatched to the shareholders by registered post or through courier service on June04, 2018.

Biafo Industries Limited was incorporated in Pakistan on September 7, 1988 as a public limited company. The foundation of the company is laid under the Companies Ordinance, 1984. The company started its commercial production on July 01, 1994. The principal activities of the company is engaging in the manufacturing of commercial explosives and blasting accessories including detonators and other materials. The shares of the company are quoted on the Karachi and Islamabad Stock Exchanges. The registered office is located at Islamabad. The industrial undertaking of the company is located at Khyber Pakhtunkhwa.

The symbol “BIAFO” is being used by the stock exchanges for the shares of Biafo Industries Limited.