Pakistan Company News – Election of Directors of Moonlite Pakistan Limited

Election of Directors of Moonlite Pakistan Limited

Karachi, Moonlite Pakistan Limited informed Pakistan Stock Exchange that pursuant to the provisions of section 159 (3) of the Companies Act, 2017, the eight persons have field with the Company notices of their intention to offer themselves for election as Directors at the Extraordinary General Meeting of the Company scheduled to be held on June 21, 2018 at Lahore.

Moonlite Pakistan Limited was incorporated in Pakistan in April 10, 1964 as a public limited company under the Companies Ordinance, 1984 and converted into public listed company in September 1970. The company is listed on the Karachi Stock Exchange and principally engaged in the business of manufacturing of woolen yarn.

The product line of the company includes woolen yarn, acrylic blanket and allied cotton synthetic products. During the fiscal year ended June 30, 2012, the company produced 303,810 kilograms of wool.

The manufacturing facility of the company is located in Baluchistan and the registered office of the company is situated in Karachi.

The symbol “MOON” is being used by the stock exchange for the shares of Moonlite Pakistan Limited.