Dividend/Bonus Announcements

Dividend/Bonus Announcements by Companies listed on the Karachi Stock Exchange.

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                           FOR THE YEAR               PROFIT/(LOSS)    ANNUAL       CLOSURE OF

                             ENDED/HALF/   DIVIDEND/     AFTER         GENERAL           SHARE

                            YEAR ENDED     BONUS/       TAXATION       MEETING        TRANSFER

COMPANY                    QUARTER ENDED   RIGHT     (Rs in million)     ON              BOOKS

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Shezan Int                30.06.2004        75%         66.128       30.10.2004  25.10.2004 to

                                                                       11:00 am     15.11.2004

Haroon Oils Ltd           30.06.2004        14%          1.379       29.10.2004  22.10.2004 to

                                                                        3:00 pm     29.10.2004

The National Silk

 & Rayon Mills            30.06.2004        12%          2.479       20.10.2004  13.10.2004 to

                                                                        4:00 pm     20.10.2004

Fecto Cement              30.06.2004        10%         92.529       29.10.2004  23.10.2004 to

                                                                       10:30 am     29.10.2004

Polyron Limited           30.06.2004       Nil         (34.496)      28.10.2004  20.10.2004 to

                                                                        8:00 am     28.10.2004

Pakistan Inter- national

 Container Terminal       30.06.2004       Nil          25.511                -              -

                                             *

Data Agro                 30.06.2004       Nil          10.410       30.10.2004  27.10.2004 to

                                                                       11:00 am     02.11.2004

Sardar Chemical

 Industries Limited       30.06.2004       Nil           0.758                -              -

Dadabhoy Cement           30.06.2004       Nil          18.326                -              -

Dadabhoy Sack             30.06.2004       Nil          14.619                -              -

Pak German Pref           30.06.2004       Nil          (1.759)               -              -

Pakistan Engg.            30.06.2004       Nil         (16.128)      25.10.2004  18.10.2004 to

                                                                       10:30 am     25.10.2004

Hashimi Can Co            30.06.2004         5%**      326.249       29.10.2004  20.10.2004 to

                                                                       11:00 am     29.10.2004

Caravan East Fab          30.06.2004       Nil           3.619       20.10.2004              -

                                                                        9:00 am

First International

 Investment Bank                   -         -               -       25.10.2004  18.10.2004 to

                                                                       11:00 am     25.10.2004

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Indications
-- Pakistan International Container Terminal - Issuance of Preference Shares.
The Board has recommended an issuance of Preference Shares through right issue amounting to Rs 300,000,000/- divided into 30,000,000 shares of Rs 10/- each
-- Hashimi Can Co - The Directors have approved a cash dividend of 5% for the year ended 30th June, 2004 to minority shareholders only as sponsor Directors have decided to forgo the dividend they are entitled for the year under review.
Copyright Business Recorder, 2004