Karachi, Security Leasing Corporation Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 25, 2019.
The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2019 which portrayed a loss of Rs. 5,693,865 with loss per share 0.16 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Security Leasing Corporation Limited is a company incorporated in Pakistan on December 6, 1993. The foundations of the company are laid uner the Companies Ordinance, 1984. The commercial operations of the company commenced on May 21, 1995 after receiving the license to carry on leasing business and the Certificate to Commence Business. The principle activity of the company is providing leasing to both individual and corporate entities for timely repayments, good profitablity and strong cashflows from their operations. The stocks of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Karachi.
The symbol “SLCL” is being used by the stock exchanges for the shares of Security Leasing Corporation Limited.