SUBJECT: FINANCIAL RESULTS FOR THE QUARTER ENDED DECEMBER 31, 2014
We have to inform you that the Board of Directors of our Company in their meeting held on 18/02/2015 at 10:30 A.M. at Lahore recommended the following:
1. CASH DIVIDEND
An Interim Cash Dividend for the quarter ended Dec 31, 2014 at Rs.1.00 per ordinary share i.e. 10%.
2. BONUS SHARES NIL
3. RIGHT SHARES NIL
4. ANY OTHER ENTITLEMENT/CORPORATE ACTION NIL
5. ANY OTHER PRICE-SENSITIVE INFORMATION
CHANGE OF DIRECTOR:
We have to inform you that Mr. Muhammad Suleyman Khan Director has ceased to be the Director of the Company with effect from 18/02/2015 and Mr. Ahsan Ejaz has been appointed as Director.
The financial results of the Company are attached as per annexure – I.
The above entitlement will be paid to the shareholders whose names will appear in the Register of Members on close of business on 9th March 2015.
The Share Transfer Books of the Company will be closed from 10th March 2015 to 16th March 2015 (both days inclusive). Transfers received at the share registrar M/s Corp Tec Associates (Pvt.) Limited, 503-E, Johar Town, Lahore at the close of business on 9th March 2015 will be treated in time for the purpose of above entitlement to the transferees.
We will be sending you 200 copies of printed accounts for distribution amongst the members of the Exchange.
For Sazgar Engineering Works Limited,
ARSHAD MAHMOOD (Company Secretary)
Encls: as above