Resolution passed in annual general meeting of Trust Securities and Brokerage Limited

Business & Finance

Karachi, Trust Securities and Brokerage Limited informed Pakistan Stock Exchange that the resolution passed in Extraordinary general meeting of the company held on April 01, 2023 at Lahore.

“Resolved that the minutes of the previous Annual General Meeting held on October 28, 2022, is unanimously approved by the shareholders.”

“Resolved that the seven members have been elected as Directors of the Company for a term of next three years.

Trust Securities And Brokerage Limited was incorporated as a Public Limited Company on October 19, 1993. The principal activities of the company include brokerage of shares, stocks, equity and debt securities, commodities, forex and other financial instruments and corporate financial services. The company is also engaged in trading in equity and debt securities on its own account through ready, spot and forward counters of the exchange.

The total number of shares are 30,000,000. The Earning per share is 1.16 in 2020 which was (0.78) in 2019. The Profit after Taxation of the Company is 34,891,000 in 2020 which was (23,436,000) in 2019.