Material Information of Dawood Hercules Corporation Limited

Karachi, Dawood Hercules Corporation Limitedinformed Pakistan Stock Exchange that the Company has executed the sale of 172,582,000 ordinary shares in the Hub Power Company Limited to Mega Conglomerate (Private) Limited at a price of PKR 105.12/- per share {Rs. 106.50 after adjustment of Rs. 1.38 (Post tax recent dividend of Rs. 1.50 per share).

Dawood Hercules Corporation Limited formely known as Dawood Hercules Chemicals Limited was incorporated in Pakistan on April 17, 1968 as a public limited company. The foundations of the company have been laid using the Companies Ordinance, 1984.The principal activities of the business are to manage the investments in its subsidiary and associated companies. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchange of Pakistan. The registered office of the company is located in Karachi.

Business interests of the company include DH Fertilizers Limited, Dawood LAwrencepur Limited, Tenaga Generasi Limited, Pebbles Private Limited, Inbox Business Technologies Private Limited, Elixir Securities Pakistan Private Limited and Cyan Limited.

The symbol “DAWH” is being used by the stock exchanges for the shares of Dawood Hercules Corporation Limited.

Leave a Reply