Karachi: Otsuka Pakistan Limited informed Karachi Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 08, 2015.
The agenda of the meeting was discussion of un-audited interim profit and loss account for the year ended June 30, 2015 which portrayed a loss of Rs. 146,165 after taxation and loss per share 13.29 basic and diluted.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
The annual general meeting of the company is scheduled to be held on October 27, 2015 at the Beach Luxury Hotel, Karachi.
Further, the share transfer books of the company will remain closed from October 21, 2015 to October 27, 2014 both days inclusive.
Otsuka Pakistan Limited is a company incorporated in Pakistan as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is an indirect subsidiary of Otsuka Pharmaceutical Company Limited, Japan. The principal activity of the company is manufacturing, marketing and distribution of intravenous infusions and trading in pharmaceutical products, nutritional foods and medical equipment. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office and the company is located at Karachi.
The symbol “OTSU” is being used by the stock exchange for the shares of Otsuka Pakistan Limited.