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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Exide Pakistan Ltd 31.03.2004 30% 57.123 * 30.07.2004 20.07.2004 to
10:30 am 30.07.2004
Automotive Battery 31.03.2004 NIL 6.822 * 30.07.2004 22.07.2004 to
11:30 am 30.07.2004
Bosicor Pakistan 2004 40% (R) - - 20.07.2004 to
26.07.2004
Ghandhara Nissan Limited - - - 16.07.2004 15.07.2004 to
(EOGM) x 22.07.2004
Sitara Chemical Ind - - - 13.07.2004 07.07.2004 to
(EOGM)xx 13.07.2004
Treet Corporation - - - 14.07.2004 08.07.2004 to
(EOGM)xxx 14.07.2004
Union Bank Ltd TFC - - - - 06.07.2004 to
20.07.2004**
I.G.I Insurance Co - - - 16.07.2004 09.07.2004 to
(EOGM)*** 16.07.2004
Ghandhara Nissan - - - - 15.07.2004 to
Diesel Limited 22.07.2004
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Indications-- Ghandhara Nissan Ltd
-- EOGM to be held for the purpose to approve the scheme of arrangement for the amalgamation/merger of Ghandhara Nissan Diesel Limited into Ghandhara Nissan Limited.
-- Bosicor Pakistan Ltd = 40% Right Shares at par.
-- Annual Accounts for the year ended 31.03.2004.
-- Sitara Chemical Industries Ltd
-- EOGM to be held for the purpose of Election of Directors.
-- Treet Corporation Ltd
(Source: "Business Recorder" Dated: 23.6.04).
-- EOGM to be held for the purpose to pass special resolution u/s 208 of the Companies Ordinance, 1984 regarding to accord approval to further invest up to Rs 20,000,000 (Rupees Twenty Million) towards equity investment in the right shares of TRG Pakistan Limited the associated company and if thought fit by the management of the Company to invest in addition to the above up to Rs 25,000,000 (Rupees Twenty Five Million) at the market or negotiated price(s) whichever are lower in the equity share of TRG Pakistan Limited.
-- Union Bank Ltd
-- TFCs Issue of 20.01.2004 = Book Closure for the purpose of entitlement for 1st installment of Profit/redemption values.
-- IGI Insurance:
-- EOGM to be held for the purpose to pass special resolution u/s 208 of the Companies Ordinance, 1984 regarding to subscribe towards the offer at par of 3.02 million Right Shares at Rs 10 each issued towards the existing holding of the company in TRG Pakistan Limited an associated company at cost aggregating Rs 30.20 million.
-- And to invest a sum of up to Rs 19.80 million in shares of TRG Pakistan Limited to be purchased at a price prevailing at the stock exchange at the time of purchase as and when considered appropriate.