Karachi, Javedan Corporation Limited informed Pakistan Stock Exchange that they have dispatched the Letters of Right in marketable lots to all the shareholders by registered post or through courier Service. The last date of Payment / renunciation of the Letters of Rights is January 05, 2017.
Javedan Corporation Limited was incorporated in Pakistan on June 8, 1961 as a public limited company. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi.
The company has ceased the operations of its cement business since July 01, 2010. The management has developed a diversification strategy using which the land of the company shall be utilized for developing housing scheme namely Naya Nazimabad.
The symbol “JVDC” is being used by the stock exchanges for the shares of Javedan Corporation Limited.