Karachi, September 28, 2012 (PPI-OT): We have to inform you that the Board of Directors of our Company in their meeting held on Thursday, September 27, 2012 at 11:30 AM, Ishaat Habibullah Room, Sind Club, Karachi, recommended the following:
i. Cash Dividend
A Cash Dividend for the year ended June 30, 2012 at Rs. Nil per share i.e. 0%. This is in addition to Interim Dividend (s) already paid at Rs. Nil per share i.e. 0%.
ii. Bonus Shares
It has also been recommended by the Board of Directors to issue Interim Bonus Shares in the proportion of Nil share (s) for every Nil share (s) held i.e. 0%. This is in addition to Interim Bonus Shares already issued @ 0%.
iii. Right Shares
The Board has also recommended to issue Nil % Right Shares at par/at a discount/premium of Rs. Nil per share in proportion of Nil share (s) for every Nil share (s). The entitlement of right share being declared simultaneously will be/will not be applicable on Bonus Shares as declared above.
iv. Any Other Entitlement/ Corporate Action
v. Any Other Price-Sensitive Information
The financial results (complete profit and Loss Account) as per annexure-A.
Profit and Loss Account for the Year Ended June 30, 2012
June 30, 2012
June 30, 2011
(Rupees in ‘000′)
|Cost of sales|
|Other operating income|
|Profit from operations|
|Loss before taxation|
|Loss after taxation|
|Loss per share-basic and diluted (in Rupees)|
For more information, contact:
Chief Executive Officer
19, Main Street, City Villas,
Near High Court Road, Rawalpindi
Tel: +92-51-5974098, 5974099
Fax No: +92-51-5974097