Karachi, Arpak International Investment Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Islamabad on February 26, 2018.
The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2017 which portrayed a loss of Rs. 13,596,303 with loss per share 3.39 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from February 19, 2018 to February 26, 2018 (both days inclusive).
Arpak International Investment Limited is a company incorporated in Pakistan as a public limited company on June 26, 1977. The foundations of the company are laid under the Companies Ordinance, 1984. The company operates under the flag of the Premier Group which is operating in Pakistan since 1950. The principal activity of the company is engaging in investment business in various forms. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Islamabad.
The symbol “ARPAK” is being used by the stock exchange for the shares of Arpak International Investment Limited.