Pakistan Company News – Extraordinary general meeting of EFG Hermes Pakistan Limited to be held on May 25, 2018

Extraordinary general meeting of EFG Hermes Pakistan Limited to be held on May 25, 2018

Karachi, EFG Hermes Pakistan Limitedinformed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on May 25, 2018 at Karachi.

The agenda of the meeting will be confirming the minutes of the 19th Annual General Meeting held on March 26, 2016, to elect thirteen directors of the Company, as fixed by the Board of Directors in accordance with Section 159(1) of the Companies Act, 2017 for a period of three years commencing from the date of election and to transact any other business with the permission of the Chair.

Further, the closed period of the company is from May 18, 2018 to May 25, 2018 (both days inclusive).

EFG Hermes Pakistan Limited provides financial brokerage, corporate finance, and financial research services in Pakistan. Its financial brokerage activities comprise the operation of online trading and portfolio management facilities; and provision of commodities trading services. The company’s corporate finance services include arranging and advising on debt and equity issues, such as private placements and public listing; underwriting of equity and debt issues; lease and debt syndications; corporate restructuring; mergers and acquisitions; and divestitures for corporate sector clients, government entities, and private investors. Its financial research services comprise research on economy, sectors, and companies to assist institutional and retail clients in taking equity investment decisions. The company was formerly known as Invest and Finance Securities Limited and changed its name to EFG Hermes Pakistan Limited in May 2017. EFG Hermes Pakistan Limited was incorporated in 1999 and is headquartered in Karachi, Pakistan.