Karachi, Bestway Cement Limited informed Pakistan Stock Exchange that board meeting of the company is scheduled to be held on April 07, 2016 at Islamabad. The agenda of the meeting is to consider scheme of amalgamation of Pakcem Limited with and into Bestway Cement Limited.
Further, the closed period of the company shall be from March 31, 2016 to April 07, 2016.
Bestway Cement Limited is a public limited company incorporated in Pakistan on December 22, 1993. The foundation of the company is laid under the Companies Ordinance, 1984. The principal activity of the company is production and sale of cement. The products in which the company deals are Ordinary Portland Cement, Sulphate Resistant Cement, Quick Setting Cement, Low Alkali Ordinary Portland Cement and Clinker. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Islamabad.
The symbol “BWCL” is being used by the stock exchanges for the shares of Bestway Cement Limited.