Karachi, Bestway Cement Limited informed Pakistan Stock Exchange that, in compliance with the requirements of section 242 of the Companies Act, 2017, the amounts of 3rd interim cash dividend @ Rs. 3 per share i.e. 30% declared by the Board of Directors of the Company in their meeting held on April 20, 2018, have been e-credited on May 23, 2018 to the bank accounts of those entitled shareholders who have provided their International Bank Account Number (IBAN) and have been accepted by the system.
Bestway Cement Limited is a public limited company incorporated in Pakistan on December 22, 1993. The foundation of the company is laid under the Companies Ordinance, 1984. The principal activity of the company is production and sale of cement. The products in which the company deals are Ordinary Portland Cement, Sulphate Resistant Cement, Quick Setting Cement, Low Alkali Ordinary Portland Cement and Clinker. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Islamabad.
The symbol “BWCL” is being used by the stock exchanges for the shares of Bestway Cement Limited.