Karachi, Clover Pakistan Limited informed Karachi Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 25, 2015. The agenda of the meeting was discussion of un-audited interim profit and loss account for six month period ended December 31, 2014 which portrayed a loss of Rs. 2,207,000 and loss per share 0.23 basic and diluted. Clover Pakistan Limited is a company incorporated in Pakistan in 1986. It is a public limited company the foundations of which are laid under the principals of the Companies Ordinance, 1984. The core business activities of the company include manufacture and sale of food and plastic products and trading in food and consumer durables. During the year ended June 30, 2013 the company signed a distributors agreement with Titan Company Limited India for marketing of the products within the territorial jurisdiction of Pakistan. The stocks of the company are quoted on the Karachi and Lahore Stock Exchange of Pakistan. The registered office of the company is situated at Karachi. The symbol “CLOV” is being used by the stock exchanges for the shares of Clover Pakistan Limited.
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