Karachi, Pak Suzuki Motor Company Limitedinformed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on February 02, 2018 at Karachi.
The agenda of the meeting will be confirming the minutes of the Extraordinary General Meeting held on October 30, 2017, to elect seven directors including Chief Executive, as fixed by the Board in accordance with the provisions of Section 159 (1) of the Companies Act, 2017 for a period of three years commencing from February 07, 2018 and to transact any other business with the permission of the chair.
Further, the closed period of the company is from January 26, 2018 to February 02, 2018 (both days inclusive).
Pak Suzuki Motor Company Limited was incorporated in Pakistan as a public limited company in August 1983. The company started commercial production in January 1984. The company was formed in accordance with the terms of a joint venture agreement concluded between Pakistan Automobile Corporation Limited and Suzuki Motor Corporation, Japan which acts as the holding company. The company is engaged in the assembling, progressive manufacturing and marketing of Suzuki cars, pickups, vans, 4x4s and motorcycles and related spare parts. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Karachi.
The products of the company range in the automobile, motorcycles and heavy bikes segments of the industry.
The symbol “PSMC” is being used by the stock exchanges for the shares of Pak Suzuki Motor Company Limited.