Karachi, TRG Pakistan Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 29, 2022.
The agenda of the meeting was discussion of profit and loss account for Year ended June 30, 2022 which portrayed a loss of Rs. 4,980,726 with loss per share 9.132 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 October 19, 2022 to October 25, 2022 (both days inclusive).
“TRG Pakistan Limited was incorporated in Pakistan as a public limited company on December 2, 2002. The principal activity of the Company is to act as a holding company. The Parent Company, (through its subsidiary, The Resource Group International Limited) has a portfolio of investments primarily in the Technology, IT Enabled Services and Medicare Insurance sectors.
TRG obtained the certificate of commencement of business on February 27, 2003. The operations of the Company effectively started on April 11, 2003.
The total number of shares of the Company is 545,390,665. The Earning per share is 0.14 in 2020 which was 0.00 in 2019. The Profit after tax is 76,165,000 in 2020 which was 1,855,000 in 2019.”