Election of Directors of Amtex Limited

General

Karachi, Amtex Limited informed Pakistan Stock Exchange about election of directors for next three years in the Extraordinary General Meeting held on December 31, 2019 at Faisalabad. Mr. Nasir Iqbal Ansari and Mr. Basharat Ahmad Bhatti have submitted the notices of withdrawal of their consent to act as Director / Nomination before the election of directors, therefore seven persons have been elected as Directors of the Company for next three years term starting from January 01, 2020.

“Amtex Limited is a company incorporated in Pakistan as a private limited company in 1991. It was later converted into a private limited company from March 20, 2007 the foundations of which are laid under the Companies Ordinance, 1984. The core business activities of the company is export of all kinds including value added fabrics, textile made ups, casual and fashion garments duly processed. The company is also engaged in the business of manufacture and sale of yarn. The production facility of the company is located in Faisalabad. The registered office of the company is also located in Faisalabad. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan.

The symbol “AMTEX” is being used by the stock exchange for the shares of Amtex Limited.”