Karachi: Philip Morris Pakistan Limited informed Karachi Stock Exchange about that board of directors meeting of the company will be held on October 19, 2015 at Karachi. The agenda of the meeting is to consider the financial statements for the nine months period ended September 30, 2015.
Further, the Company has declared the closed period from October 12, 2015 to October 19, 2015.
Phillip Morris Pakistan Limited was incorporated on February 10, 1969. It is a publically listed company under the Companies Ordinance 1984. The company is a subsidiary of Phillip Morris International Inc., through Phillip Morris Investment B.V. and Phillip Morris Brands Sarl. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges. Its core activities include manufacturing tobacco and cigarettes. The registered office of the company is located in Karachi.
The company acquired a major stake in the business in 2007. The company has a tobacco-leaf threshing plant, three cigarette manufacturing factories and sales offices across the country. The employee strength amounts to around 2,500 people.
The symbol “PMPK” is being used by the stock exchanges for the shares of Phillip Morris Pakistan Limited.