Karachi, Ibrahim Fibres Limitedinformed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on January 29, 2018 at Lahore.
The agenda of the meeting will be confirming the minutes of the Preceding meeting 31st Annual General Meeting held on October 25, 2017 of the Shareholders of the Company, to elect seven directors of the Company as fixed by the Board of Directors in their meeting held on December 22, 2017 for a term of three years commencing from January 30, 2018 in accordance with provisions of section 159(1) of the Commencing Act, 2017 and to transact any other business with the permission of the Chair.
Further, the closed period of the company is from January 22, 2018 to January 29, 2018 (both days inclusive).
Ibrahim Fibres Limited is a company incorporated in Pakistan as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is manufacture and sale of poltyester staple fibre and yarn. The manufacturing units are located at Faisalabad – Sheikhupura Road, in the Province of Punjab. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Lahore.
The symbol “IBFL” is being used by the stock exchange for the shares of Ibrahim Fibres Limited.