Pakistan Company News – Transaction of 168,000 shares of Pakistan International Bulk Terminal Limited

Transaction of 168,000 shares of Pakistan International Bulk Terminal Limited

Karachi, Pakistan International Bulk Terminal Limitedinformed Pakistan Stock Exchange about transaction of shares of the company. 25,000 shares @ Rs. 13.12 per share were sold in the market on June 01, 2018 and 143,000 shares @ Rs. 13.19 per share were sold in the market on June 04, 2018 through CDC.

Pakistan International Bulk Terminal Limited was incorporated under the Companies Ordinance, 1984 on March 22, 2010 as a private limited company. On July 11, 2011, the company was converted as an unquoted public company limited. It is in a start up phase and has its registered office located in Karachi.

The company has entered into a build operate transfer contract with the Port Qasim Authority on November 8, 2010 for the exclusive construction, development, operations and management of a coal and clinker/ cement terminals for a period of thirty years.

The services of the company include providing dirty cargo terminal in Pakistan with mechanized handling of cargo.

The symbol “PIBTL” is being used by the stock exchanges for the shares of Pakistan International Bulk Terminal Limited.