Karachi, Lucky Cement Limitedinformed Pakistan Stock Exchange that Lucky Electric Power Company, which is a 100% indirectly owned subsidiary of the Company, has achieved financial close on June 25, 2018 after fulfilling all the necessary conditions required to be met as per financing agreements. The Financing documents were signed on May 31, 2018.
Lucky Cement Limited was incorporated in Pakistan on September 18, 1993 under the Companies Ordinance, 1984. The principal activity of the company is manufacturing and marketing of cement. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The company has also issued Global Depository Receipts which are listed and traded on the Professional Securities Market of the London Stock Exchange. The registered office of the Company is located at Khyber Pakhtunkhwa. The company has two production facilities in Khyber Pakhtunkhwa and at Karachi.
The production capacity of the company is approximately 7.75 million tons per annum. The company exports sizeable quantities of loose cement and has its own loading and storage terminal at Karachi Port. The company is ISO 9001:2008 and 14001:2004 certified. It also possesses many other international certifications including Bureau of Indian Standards, Sri Lankan Standard Institute, Standards Organization of Nigeria, Kenya Bureau of Standards and South African Bureau of Standards.
The symbol “LUCK” is being used by the stock exchanges for the shares of Lucky Cement Limited.