Material Information of Thatta Cement Company Limited

Material Information

Karachi, Thatta Cement Company Limited informed Pakistan Stock Exchange that the Company is not aware of any reason for movement in share price and volumes of the Company. As per the requirements of PSX Rule Book and in accordance with the applicable provisions of the Securities Act 2015, the company discloses all material / price sensitive information to Pakistan Stock Exchange Limited on timely basis and will strictly comply with the same in all future transactions.

Thatta Cement Company Limited was incorporated in Pakistan in 1980 as a public limited company. It was a wholly owned subsidiary of the State Cement Corporation of Pakistan Private Limited. In the year 2004 the consortium of Mr. Arif Habib and Al-Abbas Group acquired 100% shares of the company from the Privatization Commission and took over its management control. The foundations of the business are laid under the Companies Act, 1913 now Companies Ordinance, 1984. The company is engaged in the business of manufacturing and marketing cement. The registered office of the company is located in Karachi. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan.

The products of the company include ordinary Portland cement, sulphate resistant cement, Portland blast furnace slag cement, ground granulated blast furnace slag. The manufacturing capacity of the company is ISO 9001:2008 certified.

The symbol “THCCL” is being used by the stock exchanges for the shares of Thatta Cement Company Limited.