Karachi: Sui Southern Gas Company informed Pakistan Stock Exchange that 60th annual general meeting of the company will be held on April 16, 2016 at Karachi.
The agenda of the meeting will be consideration of the audited financial statements of the company for the year ended June 30, 2014, confirming the post facto appointment of chartered Accountants as auditors for the year ended June 30, 2015 and to fix their remuneration.
Further, the closed period of the company is from April 08, 2016 to April 16, 2016 (both days inclusive).
Sui Southern Gas Company is an integrated gas company operating in Pakistan. The company is engaged in the business of transmission and distribution of natural gas besides construction of high pressure transmission and low pressure distribution systems. The company’s transmission system extends from Sui in Balochistan to Karachi in Sindh comprising over 3,220 KM of high pressure pipeline ranging from 12 – 24″ in diameter. The distribution activities covering over 1200 towns in Sindh and Balochistan are organized through the regional offices of the company. The company also owns and operates gas meter manufacturing plant in the country which has an annual production capacity of over 750,000 meters. The Government owns the majority of the shares which is presently over 70%. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Karachi.
The symbol “SSGC” is being used by the stock exchanges for the shares of Sui Southern Gas Company.